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Metal Scrap and Rebar Futures Market: Weekly Dynamics and Future Prospects
During the week, trading volumes for scrap and rebar futures contracts on the London Metal Exchange (LME), which settle on the basis of Platts' assessments, showed a decline. This decrease in trading volumes reflects a general weakening of trading activity for these...
Analysis of the Rare Earth Market: Current Dynamics and Future Prospects
The rare earths market is currently going through a downward period, with the sector registering a 7% decline on a monthly basis. This decline is due to several factors, including oversupply, weak demand for metals within China, and changes in global rare earth supply...
Zinc Prices: An In-Depth View
Looking at the 3-month LME zinc price chart, a key support emerges in the $2,630/mt area. This level corresponds to the 61.8% Fibonacci retracement drawn from the rise from the mid-February 2024 lows. This support also coincides with the transit area of the 200-day...
July 2024: Developments and Innovations in the Global Aluminium Sector
The month of July 2024 was marked by significant developments and milestones in the global aluminium industry. Industry leaders celebrated significant investments in sustainability, with major projects aimed at improving recycling capabilities and reducing the carbon...