Copper rebounded as strong Chinese demand and tight supply offset election-driven tariff and AI concerns. A softer dollar and rising markets also supported metals. >>
ADMR’s nine-month profit rose 55.5% as new aluminium sales boosted revenue, led by exports. Costs squeezed margins, while shares fell 24% year to date. >>
Thailand’s proposed scrap-import ban to curb disguised e-waste could disrupt processors and slow trade. Exporters may divert shipments to India and other Asian markets. >>
A roughly $300 LME copper slide dragged German scrap prices lower, with copper scrap down €15 per 100 kg. Most other non-ferrous grades fell, while stainless scrap held steady. >>
Glencore and CNGR are investing $40 million in Brazil’s Jaguar nickel project and will buy its forecast output for five years. The deals strengthen funding prospects ahead of a construction decision. >>
Norsk Hydro’s Q3 EBITDA rose 52% but missed forecasts as working-capital needs and disruptions squeezed results. Strong European premiums may not offset higher costs and uneven markets. >>