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European Secondary Aluminium Prices Fall, But Costs Limit The Decline
European secondary aluminium ingot prices recorded a further retreat in the week ended July 16, penalized by extremely limited spot demand and greater scrap availability. A large part of consumers is already covered through September, but high energy, transport and...
Rio Tinto Copper Production Falls Amid Escondida Decline And Kennecott Problems
Rio Tinto’s consolidated copper production declined by 7% in the second quarter of 2026, penalized by falling ore grades at Escondida and operating difficulties at the Kennecott smelter. Growth in underground activity at Oyu Tolgoi only partially offset the decline,...
Electrolytic Manganese Remains Under Pressure As Tianyuan Cuts Fail To Revive The Market
China’s electrolytic manganese flake market continued to suffer from weak demand in the week ended July 17, despite the start of summer maintenance and production reductions among leading operators. The fifteen-day shutdown announced by Ningxia Tianyuan Manganese...
European Stainless Steel Scrap Continues To Fall, But 316 Resists Weak Demand
Stainless steel scrap prices in the United Kingdom and Europe continued to decline in the week ended July 17, penalized by summer shutdowns, low activity among steelmakers and logistical difficulties. The 304 grade recorded the most evident reductions, falling below...