A glimmer of hope for an economic recovery in China has sent the price of copper soaring following a rekindling of interest from investors. On Monday, both zinc and copper prices hit a four-month high on the London Metal Exchange. In fact, copper prices rose on both the LME and the Shanghai Futures Exchange. Three-month […]
Category: Non-ferrous Metals
Aluminum MMI: Aluminum Prices Sideways Following Rate Cut
The Aluminum Monthly Metals Index (MMI) experienced a modest rebound, with a 3.84% rise from August to September. Meanwhile, aluminum prices remain in a sideways trend. Prices appeared to rebound throughout August before they found a peak at the end of the month, though they failed to create a new higher high. Prices continued to […]
Copper MMI: New Trends Impacting Sideways Copper Prices in 2025
Overall, the Copper Monthly Metals Index (MMI) moved sideways, with a 1.49% rise from August to September. Following roughly two months of declines, the price of copper stabilized during August after they found a bottom on August 8. Prices saw a modest rebound following rate cut cues from the Fed. However, the rally proved short-lived, […]
Antimony and Tungsten: Is China’s Export Crackdown a Response to Global Trade Pressures?
For many years, most of the world has looked at China with some degree of trepidation where critical minerals are concerned. The reason? China currently produces about 60% of the world’s all-important rare earth metals and is responsible for roughly 90% of the refined rare earths available on the market. Now, there’s something more to […]
Chinese Steel & Aluminum Buyers: Brace for Oncoming Crackdown!
It has been in the works for some time now. China is finally all set to add industrial metal sectors like steel and aluminum as well as cement to its national carbon trading market. According to media reports, the change will happen by the end of 2024. Essentially, this means domestic steel, aluminum and cement […]
Rare Earths MMI: U.S. Businesses Most Impacted by China’s Rare Earths Crackdown
The Rare Earths MMI (Monthly Metals Index) managed to reverse and pull up by 8.66% after experiencing steady declines since May. Numerous parts of the rare earths index reversed price action, including neodymium and terbium oxide. China’s recent crackdown on rare earth supplies has caused a shift in the global market, creating significant bullish sentiment […]
Trade War Heats Up: India Targets China with Heavy Aluminum Foil Duties
This week brought news of one more anti dumping proposal against China. This time around, a department under India’s Ministry of Commerce and Industry proposed imposing an anti dumping duty on the imports of Chinese aluminum foil. This follows multiple complaints by members of the domestic aluminum industry regarding cheap foil flooding the market. Aluminum […]
Cobalt Mining: A ‘Dirty’ Truth
The cobalt mining industry, particularly in the Democratic Republic of the Congo, has received backlash in both the past and present for human rights concerns. In the DRC, children as young as seven are sometimes employed to work in hazardous conditions to collect cobalt, a crucial material for electric car batteries, smartphones and other modern […]
Why Are Aluminum Prices Up Despite Ample Supply?
Falling exchange prices and rising LME inventories this year indicate that primary aluminum is currently in ample supply. So far, aluminum prices have slightly increased since the beginning of the month as inventory levels have steadily declined. However, while the metal leaving the exchange has been Indian, a good, deliverable brand, the metal arriving has […]
Global Precious Metals MMI: Gold Prices Continue to Fly High, but for How Long?
The Global Precious Metals MMI (Monthly Metals Index) narrowly missed trading flat, only budging down a mere 0.01%. Precious metals prices experienced an array of volatility in both directions, which held the overall index firmly in a sideways trend. Gold prices continue to rise while other precious metals like palladium and silver dropped (price trends […]
