ME Market Update – Zinc & Aluminum
Zinc holds near one-year high as inventories shrink Zinc prices on the London Metal Exchange (LME) remain firm around US $3,100 per tonne, hovering near their highest levels in almost…
European Commission pushes U.S. to drop tariffs on aluminum & steel-linked products
According to Media reports the Commission has formally asked the U.S. to eliminate or significantly lower tariffs on products made from steel and aluminium, following their joint trade agreement.…
Severe Squeeze in the LME Zinc Market
Zinc prices on the London Metal Exchange have turned volatile this week amid an acute shortage of available stocks. Inventories in LME-registered warehouses have dropped to critically low levels —…
Why Recycled Metals Are the Next Premium Frontier in the Gulf
For decades, the GCC’s metal ecosystem was built around imports of primary ores and ingots. Today, a global push for decarbonization and lower carbon footprints has turned attention to secondary…