Tag: Copper

Outside of crude, most other commodity markets finished higher. In the base metals group, copper, zinc, and aluminum each added between 2% to 3%.

ADC Aerospace acquired Hyatt Die Cast & Engineering, expanding its aluminum and zinc die casting range ahead of a planned consolidation in Buena Park, California.

We have seen aluminum correlate quite well with oil prices since the Iran war started. But there has been a noticeable disconnect between the two over the past few weeks.

Aluminum prices were up by 2% on the week. No surprise here because the complex tends to track crude oil prices closely.

In the base metals markets, we had a mixed showing. Tin did best, adding almost 10% on the week on concern about lagging supply.

Nexans plans to acquire Republic Wire to expand its US low-voltage wire and cable business.

We expect markets to open on the back foot as we head into the new week. And we would not be surprised to see a good portion of Friday's losses in oil recouped once trading in Asia gets underway.

Non-residential construction indicators show how planning and backlog shaped aluminum demand heading into 2026.

Decisions to swap materials are not made in the spur of the moment. Significant engineering changes have to be made, tooling has to be redesigned. With current lead times for heavy industrial equipment, substitution could take 1-2 years to execute. Substitution, whether good or bad for aluminum, is not happening quickly.

Join aluminum experts and Aluminum Market Update (AMU) contributors Greg Wittbecker and Edward Meir for an AMU Community Chat on on Thurs., Jan. 22, at 11 am ET to find out.