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Secondary aluminium markets in Europe should be significantly influenced by the availability of scrap through this year, with the rate of exports to Asia from Europe playing a key role in shaping price trends for ingot, according to industry sources
With China’s domestic producers increasing or expanding their capacities, the supply of gallium in the Chinese market is gradually rising. But due to uncertainties in the new year’s export control policies and insufficient downstream demand, the market might face a more severe oversupply in 2024, according to sources
A rapid change in the spot copper concentrate market since October has sent a clear signal of fiercer competition to secure copper concentrates in 2024, which will be felt in other copper raw materials markets, like blister and anodes, sources told Fastmarkets
Canadian Grain Commission data suggested that the country’s grain and oilseed exports fell at the end of 2023
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