Loading
Copper, Spot Trading Limited In Europe As Premiums Rise In China
The European copper cathode market remains quiet, for both domestic and imported supplies. Spot negotiations are rare, and most volumes continue to move under long-term contracts. Market participants’ attention is therefore shifting to China: the recent rise in...
Prysmian And Aurubis Strengthen Europe’s Copper Partnership: New Wire Rod Agreement
Before a cable carries electricity to a new grid, a wind farm or a data center, it needs the copper used to make its conductors. Prysmian and Aurubis have chosen to strengthen their collaboration at precisely that point in the supply chain. On September 23, the two...
Escondida, After The Fatal Accident The Resumption Is Gradual: The Copper Market Also Watches The Negotiations
The death of a worker during maintenance work brought operations to a halt at Escondida, the world’s largest copper mine. The accident occurred on Wednesday, September 23, at the Chilean site operated by BHP in the Atacama Desert. The company suspended operational...
Nickel Premiums Retreat in Europe as Demand Disappoints
Energy costs are rising, but European producers are struggling to pass them on through nickel premiums. Demand, expected to recover in the fourth quarter, is proving weaker than anticipated, and unsold material remains on the market. In the week ending Tuesday,...