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Revival of Trading Volumes at the London Metal Exchange: An Awakening Awaited for Years
In the second quarter of 2024, trading volumes at the London Metal Exchange (LME) recorded an impressive 27 per cent increase, hitting their highest peak in a decade. This significant increase was mainly driven by the nickel contract, which led activity among the...
World Alumina Production to Grow in May 2024
World alumina production again surpassed the 12-million-tonne level in May 2024 (31 calendar days), approaching the March 2024 production volume and reflecting a monthly increase of 2.43 per cent. During the same period last year, world alumina production was also...
Lower premiums for primary aluminium shipments to Japan for Q3 2024
Japanese aluminium buyers have agreed to pay an 8 per cent lower premium for primary aluminium shipments for the third quarter of 2024, ending 30 September, compared to the previous quarter. This news was confirmed by five sources directly involved in the quarterly...
European maritime carbon emissions to fall in 2023
Slowing industrial activity and declining imports of goods have led to a significant reduction in the European maritime sector's carbon emissions in 2023. However, for 2024, emissions are expected to remain stable or increase slightly as many ships travel...