
Exploring copper market dynamics: Insights from industry expert Edward Meir
The global copper market is still tight due to situations like the shut down of First Quantum’s Cobre Panama mine, taking production off the market.
The global copper market is still tight due to situations like the shut down of First Quantum’s Cobre Panama mine, taking production off the market.
Non-ferrous recycled metals market faces slow flow despite high demand.
Aluminum recycled spreads stable amid price increase; copper market braces for summer challenges.
An interesting feature of the market since the sanctions were announced has been the large cancellations of warrants in South Korean LME warehouses.
With an annual demand in excess of 25 billion pounds, the U.S. imports nearly 10 billion pounds of primary aluminum from foreign sources. Major exporters to the U.S. have recently seen their trade disrupted or even fully stopped.
Who ever was holding their metal for better prices have let all that metal go.
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Spreads tightening. Economic outlook is promising.
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Kataman Metals globally trades about 300,000 tons of copper, aluminum, iron, and other scrap raw materials annually.