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Japanese Market: Stability Ahead of Fourth-Quarter Negotiations
The Main Japanese Port (MJP) premium on aluminum remained stable in the week ending Tuesday, August 26, supported by reduced liquidity during the typical summer lull. Commodity Evolution's valuation for spot P1020A (MJP) aluminum, cif Japan, stood at $57-$75/ton on...
Rio Tinto Reorganizes Its Global Operations into Three Core Businesses to Strengthen Competitiveness
The Anglo-Australian mining giant Rio Tinto announced on August 27 a major reorganization of its operations, consolidating its global product groups into three core areas: iron ore, aluminum & lithium, and copper. According to the company, this new structure aims...
Shanghai Zinc Premiums Remain Unchanged Despite Import Losses and Weak Demand
In the week ending Tuesday, August 26, zinc premiums in Shanghai remained unchanged, reflecting a market characterized by low trading activity. The persistence of significant import losses continues to weigh on traders' sentiment, discouraging new trading. According...
Alckmin Visits Mexico to Strengthen Cooperation Against US Tariffs
Brazil's Vice President, Geraldo Alckmin, who also serves as Minister of Development, Industry, Trade, and Services, will visit Mexico this week to discuss alternatives to the heavy tariffs imposed by US President Donald Trump on steel, aluminum, and other products....