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Aluminium: first Japanese premium deal reported in Q2 2024
The first quarterly aluminium premium contract for shipment volumes of 1,000 tonnes or more per month in the April-June period was reported at $145/mt, plus the London Metal Exchange's average cash settlement for the month of shipment, CIF Japan. The deal was reported...
Steel: Italian production slows in February, Ilva’s impact evident
According to data recently published by Federacciai, crude steel production in Italy fell significantly in February 2024. This decrease of 3.9% compared to the same period last year reflects the effect of Ilva on domestic production. Nevertheless, the month-on-month...
The challenges of Dragon shipping: an analysis of China’s rising steel exports
China's steel exports are increasing significantly, reaching levels not seen in over eight years. This phenomenon, however, is not without consequences and raises important questions both domestically and globally, especially considering the current context marked by...
Aluminium: Glencore channels material of Russian origin into LME warehouses
In a recent investigation, commodities trader Glencore was found to have made significant deliveries of Russian-origin aluminium to London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea. These deliveries shed light on the challenges faced by...