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Base metals
Explore the base metals outlook 2026 and learn how market trends are impacting copper, tin, and other metals this year.
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Explore the base metals outlook 2026 and learn how market trends are impacting copper, tin, and other metals this year.

On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year.

Global zinc fundamentals remained tight in 2025, supported by low London Metal Exchange warehouse stocks and a concentrate supply that has increased but remains insufficient to ease market conditions. Market balance depends largely on how Chinese smelters manage their operating rates, Rodrigo Cammarosano, head of investor relations and treasury at Nexa Resources, said in an exclusive interview on Thursday November 27.

Constellium chief executive officer Jean-Marc Germain is calling for the European Commission to ‘stop the clock’ on the EU’s forthcoming Carbon Border Adjustment Mechanism (CBAM), which is set to begin on January 1, 2026, in an exclusive interview with Fastmarkets on Monday December 8, warning of EU CBAM risks for aluminium.

Prices for CORSIA P1-eligible carbon credits are weakening, as an attempt to increase liquidity from the International Civil Aviation Organisation (ICAO) might have overshadowed the first signals of mandatory demand for airlines.

Understand the dynamics of Saudi Arabia steel scrap prices with insights on local market conditions and demand fluctuations.

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