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Aluminium Scrap In India Under Pressure After The LME Collapse
Concerns intensified in the Indian imported aluminium scrap market in the week ended Wednesday June 24, after the sharp fall in aluminium prices on the London Metal Exchange. The movement pushed many buyers to temporarily withdraw from the market, while sellers...
India, Critical Mineral Recycling Becomes The Second Pillar Of Resource Security
India is working toward the launch of a plan intended to build a domestic ecosystem for critical mineral recycling, with the objective of unlocking treatment capacity equal to 300,000 tonnes per year of electronic waste by 2030. The project aims to transform urban...
Copper, The LME-CME Arbitrage Narrows As Deliverable Stocks In The US Decline
The arbitrage window between the London Metal Exchange and the Chicago Mercantile Exchange is becoming increasingly complex for copper traders to exploit. The problem is not only the price differential between the two exchanges, but the effective availability of metal...
EGA Partially Restarts Al Taweelah, But Production Remains Minimal
Emirates Global Aluminium has restarted a limited part of production at the Al Taweelah smelter in Abu Dhabi, after the emergency shutdown that followed the Iranian attack of March 28. According to several sources close to the situation referred to Commodity Evolution...