Aluminium Ingots
Aluminum ingots are considered non-ferrous products which are produced through the melting process by pouring molten aluminum into molds. These molds come in va...
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Aluminium Alloy Ingots Market Reports
Aluminium Alloy Ingots Market Reports
Stagnancy in Aluminum Industry, Outlook Shows Promising Trends
The aluminum industry is currently experiencing stagnancy in production and price movements. However, the outlook appears promising, with expected improvements in downstream consumption and macroeconomic conditions. Despite recent fluctuations, the market shows signs of stability and potential growth in the near future.
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Zinc Prices Show Positive Movement Amid Supply Concerns and Production Cut Rumors
Zinc prices have been experiencing upward momentum due to speculation around potential production cuts and ongoing supply-side challenges. LME zinc saw a rise of 0.91%, while SHFE and MCX markets showed stable movements. Zinc inventories at LME and SHFE fell, signaling tightening supplies, while demand has been supported by moderate downstream consumption.
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Zinc Prices Edge Up with Support from Increased Consumption and Spot Premiums
Zinc prices showed modest gains across major exchanges, with LME zinc rising by 0.35%, SHFE increasing by 0.88%, and MCX zinc up by 0.29%. This uptick came amid slight improvements in consumption, high spot premiums, and rumours of production cuts. The global zinc market also faces a widening deficit, although China's zinc production has increased slightly.
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