
Fed holds rates, metals markets largely hold steady
"Metals had a positive reaction in light of this Fed move, but I think it's kind of a one-off."
"Metals had a positive reaction in light of this Fed move, but I think it's kind of a one-off."
In the intricate world of base metals trading, one strategy stands out for its simplicity and effectiveness: cash and carry.
The copper market: The good, the bad, the ugly
Production growth had been forecasted at 3.7% by the group in October 2023.
Concerns about securing aluminum and copper scrap supply amidst expanding global recycling capacity
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.
Spreads tightening. Economic outlook is promising.
Kataman Metals globally trades about 300,000 tons of copper, aluminum, iron, and other scrap raw materials annually.
Spreads aren't improving. Supply shortage persists.
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).