Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in...
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump...
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price...
Base metals traded at LME have enjoyed their best quarterly performance in Q1 since 2009. The LMEX index rose by 9.1% for the period, while prices of all metals gained, with the exception of lead whose price remained unchanged. The best performer was nickel, soaring by over 21%. As so often, the main contributor to […]
Base metals prices have recovered significantly since January’s lows after news that the US and China are inching closer to signing a trade deal. According to reports, both sides will lower or remove tariffs upon signing a trade agreement, but it is still unclear whether US Section 232 tariffs on steel and aluminium imports from […]
Since October 22, aluminium prices have been trading below US$ 2000/tonne, and are currently barely keeping above US$ 1900/tonne. Without much good news on horizon, uncertainty over U.S.-China trade war persisting, and further strengthening of the US dollar, it would seem that demand for aluminium has completely stalled. But that’s not at all the case […]
Even if it was obvious that aluminium prices will rise in the second half of the year, there were no signs that this would occur in August. The month started with aluminium on the backfoot, as prices shortly dipped below US$ 1890/t, before breaching the US$ 2000/t mark for the first time since December 2014. […]
Base metal prices surged in February after the lowest start of the year since the global financial crisis in 2009, as a way of optimism prevailed among investors on stronger than expected U.S. economic data. Both aluminium and copper prices reached the highest levels for the previous three months, with aluminium LME cash price for […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...