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European Copper Market: Premiums Decreasing Amid Weak Demand and Post-Summer Stagnation
The European copper market experienced a two-week standstill until Tuesday, September 2nd, with no signs of recovery in the first few days of the month. Weak demand and limited post-summer activity kept premiums under pressure, confirming a downward trend already...
Rebar Prices Steady in the United States, But Market Expects Possible Recovery
The US rebar market remained stable on Wednesday, September 3, both domestically and imported. Commodity Evolution estimates indicate the price of domestic rebar US fob mill at $900 per short ton ($45/cwt), unchanged from recent weeks. Imported rebar, delivered by...
Teck Resources Postpones Projects in Peru and Mexico to Focus on Revitalizing Quebrada Blanca
Canadian mining giant Teck Resources has announced that it is postponing two major greenfield copper and zinc projects in Peru and Mexico to focus resources and attention on bringing the Quebrada Blanca (QB) mine in Chile to full operation. The decision, announced on...
Asian Black Mass Market: Payables Stable Despite Chinese Import Opening
In the week ending Wednesday, September 3, payables for black mass destined for major Asian recycling hubs remained largely stable, albeit with a higher number of recorded transactions. Many operators expected a sharper increase in prices following China's official...