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The London Metal Exchange and the New Chapter for Global Deliveries: The Case of Jeddah and Hong Kong
The London Metal Exchange (LME) recently announced the inclusion of the Saudi port of Jeddah as a new delivery location for copper and zinc This addition to the LME's global delivery network, which will become effective three months after the first warehouse is...
Relaunch of the Taranto Steelworks: A New Chapter for Acciaierie d’Italia
The Taranto plant, the beating heart of Italian steel production, is about to experience a new rebirth. According to a Fiom-Cgil statement, Acciaierie d'Italia will receive a total of EUR 620 million in funding from the Italian government and the European Union. This...
Weak Demand for Aluminium and its Effects on Prices and Deliveries
The prolonged period of weak demand for aluminium has had a negative effect on both prices and deliveries of the metal. This trend is evident in aluminium foil shipments in Europe, which amounted to 217,800 tonnes in the first three months of 2024. According to the...
Analysis of Speculative Positions in the Nickel Market: Record Sales and Net Positions
The nickel market is characterised by considerable volatility, influenced by economic, geopolitical and supply and demand factors. A detailed analysis of speculators' positions provides valuable insights into market dynamics and expectations. Recent data show...