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Alumina Prices Remain Rangebound Across The Pacific Amid Oversupply And Cooling Speculation
Prices of China- and Australia-origin alumina remained largely rangebound in the week to Thursday January 15, amid ample availability in the Pacific market and a cooling of the recent alumina futures rally in China. According to Commodity Evolution, the alumina index,...
Zinc Premiums Under Pressure Across Europe And The United States Amid A Cautious Market
The European zinc premium market weakened further in the week to Tuesday January 20, in an environment marked by limited spot trading and ongoing doubts over whether galvanizing demand will recover during the year. According to Commodity Evolution sources, constrained...
Saudi Arabia Strengthens Its Metals Supply Chain With New Copper And Aluminium Facilities
UAE-based recycling company Pan Gulf International Metals Group (PGI Group) has signed an agreement with Saudi Arabian government officials to establish new secondary copper and aluminium processing facilities in the Kingdom. The deal represents a concrete step in...
The US Copper Premium Remains Stable Amid Arbitrage And Improving Demand
The US copper premium remained broadly stable during a slightly shortened pricing session ending on Tuesday January 20, partly due to the Martin Luther King Jr. Day holiday, which reduced market participation on Monday. Commodity Evolution’s weekly assessment for the...