Copper

Copper scrap discounts in the United States continued to be steady in the week to Wednesday November 22, with sources noting little changes week on week ahead of the Thanksgiving holiday.

Aluminium price on China’s economy Range-trading has characterized the LME aluminium price as the decline since the start of October attempts to stabilize. At the beginning of the year, market participants had overestimated China’s ability to stimulate its way out of the Covid-lockdown era, putting too much emphasis on a fast and robust recovery. However, as China’s economic […]

The price of copper and capital costs will be central to Freeport-McMoRan’s decision on the timing of an expansion at its Bagdad copper operation in the US state of Arizona, the president of the US producer told Fastmarkets

China’s premium for copper cathode imports increased after the country’s golden week holiday from September 29 to October, supported amid favorable import conditions, while the premium in the US copper market came under pressure due to excess supply, sources said

The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets

Rising base metal stock levels on the London Metal Exchange continue to highlight a poor physical demand environment, with the anticipated return in global demand remaining a key talking point ahead of LME Week, participants told Fastmarkets on Friday October 6