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US Aluminium: Scrap Awaits Canadian Tariffs, Secondary Alloys At Record Highs
The US aluminium market is experiencing a period of significant uncertainty, with scrap market participants slowing or suspending negotiations following reports of a possible reduction in tariffs applied to Canadian metal. In the week ending Thursday, August 20, most...
Molybdenum At Its Highest Since 2023: Reduced Mine Supply And Steel Demand Support The Rally
The international molybdenum market continues to strengthen, with Asian oxide quotations repeatedly returning to their highest levels since early 2023. The increase is supported by reduced concentrate availability, production disruptions in some Chinese mining areas,...
European Secondary Aluminium: Prices Under Pressure, But Scrap And Logistics Limit Declines
The European secondary aluminium ingot market remains caught between seasonally weak demand, lower international quotations, and raw-material costs that are difficult to reduce. Summer holidays have limited trading, while numerous consumers are already covered for...
SHFE Inventories: Copper Up 28.42%, Aluminium Down Amid High Prices And Selective Demand
Base-metal inventories registered at Shanghai Futures Exchange warehouses showed diverging trends in the week ending Friday, August 21. Copper recorded a sharp increase in availability, while aluminium registered a significant decline in inventories, supported by...