Johnson: For those hoarding copper, this is why we hedge
To hedge or not to hedge, that is the question.
To hedge or not to hedge, that is the question.
Markets rebound in July on lower rates and dollar.
Rising LME prices and dollar dynamics set the stage for scrap metal surge.
Aluminum revolution: Rio Tinto and Hydro lead the way with smelting innovations.
Survey highlights key trends and challenges in the non-ferrous scrap market.
To understand this (short) week, we have to look at what happened last week
The copper market: The good, the bad, the ugly
Production growth had been forecasted at 3.7% by the group in October 2023.
On the ferrous side, about two-thirds of the respondents indicated ferrous scrap prices would remain stable, while one-quarter thought they would rise in May.
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.