Tag: aluminium geopolitical premium
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Aluminium-copper gap narrows as war premium fades
Supply risks boost aluminium above copper Aluminium corrects nearly 10% from highs Metal Intelligence Centre: Aluminium and copper, which generally move in tandem, diverged sharply after the Iran conflict as geopolitical risks and macroeconomic concerns pulled the two metals in opposite directions. However, the gap narrowed in June following the signing of a US-Iran MoU,…