Edward Meir's Week in Review for Feb. 16, 2026

In an unusual first, pretty much all the markets we follow finished higher last week. In the base metals complex, nickel did the best, up by 2.1%, followed by zinc (up 1.3%) along with copper and aluminum (up by 0.64% and 0.81%, respectively).

Steel prices pushed higher in both Europe and the US. Precious metals finished up, too, as did oil. In fact, crude is now hovering around a seven-month highs of $66.30 basis WTI as the situation with Iran remains tense. Over the past few days, protests in the country have broken out again. There is evidence the regime is fortifying the various military sites in anticipation of a US strike.

Week In Review

Edward Meir

Edward brings more than a decade of hands-on experience in physical trading across aluminum, tin and scrap, paired with a deep fundamental market analysis background. His unique perspective strengthens AMU’s mission to deliver sharper insight, clearer context, and actionable intelligence for professionals across the aluminum value chain.

Edward Meir

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