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Copper: what are the risks for the current bullish trend
The bullish trend in the price of copper accelerated throughout April. The bullish momentum saw prices rise almost 14% compared to the March close. On 29 April, prices crossed the $10,000 per tonne mark. In mid-May they continued to climb, rising a further 1.14%....
Wire rod steel and HS: EU import quotas for Turkey are exhausted
In the EU quota period from 1 April to 30 June, some of the import quotas for some steel products allocated to Turkey, India, ‘other countries’ and China were exhausted, while more than 89% of the quotas for some steel products were utilised. up, according to the...
Tin: prices could receive further support from supply risks and interest rate cuts
According to market participants, tin prices, which have reached near two-year highs in recent months, could be further supported by supply disruptions, ongoing geopolitical conflicts, inflows of funds if interest rates are cut, and stabilising demand. The three-month...
Falling energy costs drive Trimet Aluminium SE to increase its production
Trimet Aluminium SE is set to increase aluminium production at its smelters in France and Germany to full capacity over the next year, signalling a recovery in the European aluminium industry thanks to falling energy costs. During the energy crisis, the continent's...