Home / Metal News / Today's news: copper prices fall sharply, scrap price differentials hang upside down * aluminum prices plummet and wait and see * Trump said he will intervene in the oil market dispute at the right time.

Today's news: copper prices fall sharply, scrap price differentials hang upside down * aluminum prices plummet and wait and see * Trump said he will intervene in the oil market dispute at the right time.

iconMar 20, 2020 09:00
Source:SMM

Macro information

Dollar swap arrangements between the Federal Reserve and the Central Banks of nine other countries

Trump says he will intervene in the oil market dispute at the right time. The biggest daily increase in the history of oil creation in the United States.

The probability of a recession is still 80%, according to a survey: emergency action by the Federal Reserve will not help the economy.

Metal news

[SMM Analysis] Copper prices plummeted, scrap price differences hung upside down, where to go in the copper scrap industry

[SMM Research] the collapse in aluminum prices has led to a small increase in the number of aluminum companies starting work this week.

[minutes of SMM meeting] waiting for late Spring: prospects for China's Nickel Market in 2020

[SMM thread] inventory inflection point is coming, is it real demand or "apparent prosperity"?

Inventory [SMM Hot Volume] inventory ushered in sink node macro fluctuations affect the recent market situation

Anglo-American Group: affected by the epidemic to reduce the operation of the Los Bronces copper mine, but the production impact is expected to be minimal

The spread of the Codelco: epidemic has not yet affected the company's copper sales and shipments

Malaysia Alaskusa Company delays Bauxite resumption

Rio Tinto halts Operation of Kennecott Copper, Gold and Silver Mine affected by earthquake

West Africa Resources Company Sanbrado Gold produces the first batch of Gold

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American oil futures rose 23.8%, the biggest one-day gain in history

The epidemic has led to the shutdown of the European auto industry, Chinese auto companies to take advantage of the opportunity to "surpass"?

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