On Wednesday 6th October AMT hosted a free virtual tin market webinar. This was organised as a series of panels where a range of industry experts reflected on an unprecedented year for tin and debated the future prospects for the market. Video recordings of the two expert panel discussions and AMT’s tin market review presentation […]
October 6, 2021
What do global energy changes mean for metal prices? Governments globally are ramping up efforts to reduce fossil fuel dependency. This is to meet ambitious decarbonisation goals and curb industrial pollution. China has curbed smelter production and capacity growth to meet energy targets. This has been price-supportive, most notably for aluminium. However, Europe’s developing energy […]
September 27, 2021
Monthly report overview Ferrous futures complex was generally weaker across the board in August with Iron Ore once again sold off, losing 25% MoM (Month-on-Month) to 159 and Turkey Scrap -6% MoM to 454, whilst HRC US bucked the trend and maintained its upward trajectory to 1,889 +5 % MoM. August China net steel exports […]
September 14, 2021
Why has the shipping crisis worsened? The continuing global shipping crisis has widened dislocations between regional physical metal markets. Soaring physical premiums in the US and Europe and severe imbalances in global metal inventory distribution reflect the growing difficulty in shipping metal to where it is most needed. Shipping difficulties could worsen after recent port […]
August 23, 2021
Lead market sees increase The LME lead price has risen higher overall since June amid falling LME inventories and physical tightness in the US and Europe. Shipping issues have so far shielded LME prices from significant exports of lead from China amid heavy oversupply there, but the threat of shipments may temper the potential for […]
August 10, 2021
monthly report overview Ferrous complex saw inputs of scrap and iron ore fall whilst semi-finished HRC and Rebar were higher. Notably Iron Ore was sold off losing 18% value over July. Turkey Scrap was weaker losing 6% as supply wasn’t tight and dockside stocks grew in Europe and US. Demand was quiet around Eid. Futures […]
August 9, 2021
Will climate change effect metal supply? While metal demand opportunities from decarbonisation have captured investor’s attention over the last year, the extreme weather observed globally in recent weeks highlights the growing influence that climate change itself is likely to have on metal markets. A warming climate is associated with more severe and frequent weather conditions, […]
July 27, 2021
what does the stalling economy mean? Stalling growth in China’s economy and the rampant spread of the Covid-19 Delta variant across Southeast Asia threatens the base metals outlook. While at face value China’s RRR cut could boost risk assets through increased bank lending, it signals China’s policymakers are concerned about slowing domestic growth amid tighter […]
July 15, 2021
Can the tin market recover? The ex-China tin market remains in the grip of the severest physical shortages in recent memory. Driving tightness is strong pandemic-era demand for electronics and electrical goods, supply disruption across top tin producing regions, and critically low global inventories. Market tightness is likely to persist in H2 2021, even as […]
July 5, 2021