NON-FERROUS WEEK IN BRIEF: CME ali trading ticks higher; labor unrest in South America follows Escondida strike; Molybdic oxide and ferro-molybdenum prices up in Europe; Afarak shuts South African furnace

By Hassan Butt / August 03, 2018 / www.metalbulletin.com / Article Link

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.

Base metalsAn uptick in trading activity for the CME's European aluminium premium contracts during July indicates that market participants are eyeing a possible uptrend in aluminium premiums in Europe for the remainder of this year and into 2019.Labor unrest has spread throughout South America and threatens to flip the copper market back into a sustained deficit after the main union at Escondida, the...

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