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Aluminum Billet Premiums Decline in Europe, Stable in Asia and Brazil: Market Braces for CBAM Impact
The global 6063 aluminum billet market is undergoing a complex transition in October, with a contrasting picture across Europe, Asia, and South America. While premiums in Europe continue to weaken under pressure from abundant supply and weak downstream demand, in Asia...
Vedanta Increases Zinc Concentrate Production at Gamsberg by 50% in Third Quarter
Zinc concentrate production at the Gamsberg mine, part of the Black Mountain Complex in South Africa and owned by Vedanta Resources, saw a sharp increase in the July-September quarter, representing a more than 50% increase compared to the same period in 2024....
Alumina Prices Decline, But Chinese Imports Rebound Strongly
The global alumina market remained weak in mid-October, with prices declining in both the Pacific Rim and China. However, the reopening of the import window to China – which had been open since September – is fueling expectations of a sharp increase in foreign flows...
Base Metals Trade Mixed at SHFE: Copper Leads Gains with +1.81%
Base metals listed on the Shanghai Futures Exchange (SHFE) showed a mixed performance during morning trading on Monday, October 20, with copper posting the strongest performance, buoyed by persistent global supply tensions and expectations for developments in US-China...