Latest news with #metals
Zawya
16 hours ago
- Business
- Zawya
US copper futures surge as tariff fears loom
U.S. copper futures surged nearly 6% on Monday, widening their premium over London prices amid rising speculation about possible new import tariffs following President Donald Trump's latest aluminium trade measures. Trump said on Friday he planned to increase tariffs on imported steel and aluminium to 50% from 25%. U.S. Comex copper futures gained 5.7% to $4.9175 a pound, the highest since April 3. Benchmark three-month copper on the London Metal Exchange (LME) rose 1.1% to $9,597.50 per metric ton by 0944 GMT. The premium on COMEX copper over the LME price, a global benchmark, widened to $1,231 per ton from $759 on Friday . "Although copper wasn't even mentioned in Trump's latest announcement, markets are clearly pricing in the risk of import tariffs following the February investigation - highlighting strong investor demand for the metal," said Panmure Liberum analyst Tom Price. In February, Trump ordered a probe into possible new tariffs on copper imports to rebuild U.S. production of a metal critical to electric vehicles, military hardware, and semiconductors. LME aluminium steadied at $2,443.50 a ton, after earlier touching its lowest level since May 12 at $2,425.50. The U.S. Midwest aluminium premium jumped 54% from Friday to $0.58/lb or $1,279 a ton. Goldman Sachs in a note said that if the higher metals tariffs come into and remain in effect, the U.S. Midwest aluminium premium would rise to around $0.68-0.70/lb. Lead rose 0.9% to $1,975, zinc gained 1.7% to $2,663.50, tin edged 0.8% higher to $30,600 and nickel was up 0.9% at $15,365. Providing support to the industrial metals was a softer U.S. dollar, making metals more affordable for holders of other currencies. The Dragon Boat Festival holiday in China kept Asian participation muted on Monday, said Neil Welsh, head of metals trading at Britannia Global Markets. (Reporting by Ashitha Shivaprasad in Bengaluru and Polina Devitt in London Editing by Kirsten Donovan)
Yahoo
5 days ago
- Business
- Yahoo
3D Printing Metals Market worth $3.62 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 29, 2025 /PRNewswire/ -- The report "3D Printing Metals Market by Metal Type (Titanium, Aluminum, Steel, Nickel & Cobalt, Other Metal Types), Form (Filaments, Powder), Technology (Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Metal Extrusion, Other Technologies), End-use Industry (Aerospace & Defense, Automotive, Medical & Dental, Other End-Use Industries), and Region - Global Forecast to 2030", global 3D printing metals market is expected to reach USD 3.62 billion by 2030 from USD 1.19 billion in 2025, at a CAGR of 25.0% from 2025 to 2030. Continuous technological innovation in 3D printing drives growth in the 3D printing metals market. Technological advancements in additive manufacturing processes, including selective laser melting (SLM), electron beam melting (EBM), and direct energy deposition (DED), are greatly improving the precision, speed, and scalability of metal printing. These technologies are making it increasingly possible to manufacture intricate metal parts with lower material scrap and more affordable tooling than in traditional manufacturing. At the same time, the increasing availability of high-performance metal powders, such as titanium, aluminum, stainless steel, and nickel alloys, is broadening application opportunities across various industries, including aerospace, automotive, medical, and defense. Key factors driving this growth include a rising demand for lightweight, custom-designed parts, increased spending on research and development, and the growing use of digital manufacturing techniques. Additionally, government incentives and the push for sustainable production processes are also contributing to market expansion by encouraging businesses to incorporate additive manufacturing into their production workflows. Browse in-depth TOC on "3D Printing Metals Market" 200 – Tables120 – Figures300 – Pages Download PDF Brochure: Nickel & Cobalt registered the second-largest market share in 2024 in the metal type segment in terms of value Nickel & cobalt accounted for the second-largest share in the 3D printing metals market because they have a unique combination of mechanical properties, thermal stability, and corrosion resistance that is necessary for demanding applications. Nickel-based superalloys have a wide application in aerospace, automotive, and energy industries for turbine blades, exhaust systems, and structural components that are required to withstand harsh conditions. Cobalt alloys, in contrast, are essential in the medical industry for prosthetics and implants because of their biocompatibility and durability over the long term. With 3D printing's capacity to produce intricate, lightweight structures with these metals, they have become more appealing to minimize waste and optimize performance in mission-critical components. In addition, the constant evolution of high-performance metal powders and advancements in printing accuracy have further broadened their application, sustaining demand and solidifying their dominant market position following titanium. Directed energy deposition segment registered the second-largest market share in terms of value in 2024 Directed energy deposition (DED) represents the second-largest category in the 3D printing metals market by technology based on its flexibility, ability to suit high-value and large-scale applications, and capability to repair or add material to existing parts. In contrast to powder bed fusion, DED can use a variety of metal types and can print or repair intricate geometries directly onto parts, which makes it very useful for the aerospace, defense, oil & gas, and heavy machinery industries. DED is exceptionally well-fitted for the manufacturing of heavy structural components and for MRO uses, wherein it extends component life and saves considerable downtime and cost. The technology is also designed to support both wire and powder feedstock, thus allowing flexibility in material procurement and cost management. With industrial customers increasingly using additive manufacturing for new production as well as part refurbishment, DED's capacity to produce tough, high-quality metal components with low waste continues to fuel its rising market share. Request Sample Pages: Automotive segment accounted for the second-largest market share in terms of value in 2024 The automotive industry accounted for the second-largest share of the 3D printing metals market because of its growing applications for additive manufacturing in lightweighting, quick prototyping, tooling, and low-volume production of complex metal components. While the industry demands better fuel efficiency, lower emissions, and quicker product development, metal 3D printing provides enormous benefits, enabling the production of optimized, high-performance parts with less material waste and shorter lead times. This is especially useful in electric cars, motorsports, and high-end vehicles, where weight savings and customization are paramount. The technology is also finding more acceptance in the manufacturing of end-use metal components, solidifying its position in auto manufacturing even further. Asia Pacific accounts for the third-largest share of the 3D printing metals market in terms of value Asia Pacific accounted for the third-largest share of the 3D printing metals market in 2024 because of industrialization, increasing investment in cutting-edge manufacturing technologies, and high demand from major industries like automotive, electronics, and healthcare. China, Japan, South Korea, and India are aggressively upgrading their additive manufacturing capacity with the help of government programs and public-private collaborations. Though the region is yet to develop its high-end metal 3D printing expertise relative to North America and Europe, its scale of manufacturing, cost advantage, and increasing use of 3D printing in prototyping and tooling are propelling steady market expansion. With local industries further increasing capacity and embracing more advanced applications, Asia Pacific's contribution is likely to rise in the next few years. Request Customization: Key Players Prominent companies include 3D Systems, Inc. (US), Renishaw plc (UK), Stratasys Ltd. (US), General Electric Company (US), Carpenter Technology Corporation (US), Materialise (Belgium), Sandvik AB (Sweden), EOS GmbH (Germany), Nano Dimension (US), Nikon SLM Solutions AG (Germany), Proto Labs (US), Titomic (Australia), Höganäs AB (Sweden), Forward AM Technologies GmbH (Germany), and Pollen AM Inc. (France). Get access to the latest updates on 3D Printing Metals Companies and 3D Printing Metals Market Size Browse Adjacent Market: Mining, Minerals and Metals Market Research Reports & Consulting Related Reports: 3D Printing Plastics Market - Global Forecast to 2028 3D Printing Materials Market - Global Forecast to 2027 Plate and Tube Heat Exchanger Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets Sign in to access your portfolio
Zawya
6 days ago
- Business
- Zawya
Copper rises on signs of tighter nearby supply
Copper prices rose on Wednesday as signs of tighter nearby supply in the London Metal Exchange system provided support, although ongoing U.S.-China trade tensions kept the growth-dependent metal in a tight range. Benchmark three-month copper on the LME was up 0.5% at $9,639 a metric ton by 0950 GMT, after hitting a two-week high of $9,655. Copper, used in power and construction, is up 5.7% so far this month as global trade tensions eased compared to April when U.S. President Donald Trump announced reciprocal tariffs. Providing support to the metal are declining stocks in LME-registered warehouses , down 43% since mid-February to 154,300 tons, the lowest in almost a year. The spread between the cash LME and the three-month copper contract was last at a premium of $40 a ton compared with $3 a week ago, indicating tighter nearby supply. Meanwhile, Washington is continuing an investigation on whether to impose new copper import tariffs, keeping the premium of COMEX copper against the LME benchmark elevated and attracting more metal into COMEX-owned warehouses . "If a tariff is applied, the incentive to move copper to the U.S. will cease, in our view prompting more physical flow into the LME, a price headwind," analysts at BNP Paribas said in a note. "If there is no tariff or the potential tariff rate is far less than expected we think CME prices will collapse, with a negative knock-on impact on LME prices," it added. BNP Paribas expects average LME copper prices at $8,610 in the third quarter before a rise to $9,180 in the fourth quarter. From the point of view of global supply, the copper market was in a surplus of 289,000 tons in January-March compared with 268,000 tons a year earlier, according to the International Copper Study Group. Among other LME metals, aluminium and zinc added 0.1% to $2,485.50 a ton and $2,707, respectively. Lead shed 0.3% to $1,979, tin lost 2.0% to $31,870 and nickel fell 1.7% to $15,150. (Reporting by Polina Devitt; Editing by Jan Harvey)
Zawya
26-05-2025
- Business
- Zawya
RX announces the launch of ALUMINIUM Arabia in Riyadh for 2026
The Riyadh-based trade fair will bring together exhibitors from around the Kingdom to showcase the potential of aluminium in driving innovation across industries Driven by RX's international events expertise, the show, which takes place in April 2026, will showcase all verticals of the aluminium value chain Riyadh, Saudi Arabia: RX, a global leader in events and exhibitions and organisers of the industry flagship ALUMINIUM, held in Düsseldorf, has officially announced the launch of ALUMINIUM Arabia, an exhibition dedicated to showcasing Saudi Arabia's growing aluminium industry. Marking a new era for the Kingdom's industrial sector, the event will debut at The Arena Riyadh from 27 to 29 April 2026, bringing together producers, processors, and technology providers from the entire value chain. According to recent research, the Saudi aluminium market is projected to exceed US$3.6 billion by 2034, reflecting a compound annual growth rate (CAGR) of 4.4% from 2025. This expansion is being fuelled by policies that prioritise localisation, industrial innovation, and large-scale infrastructure investment, firmly positioning the Kingdom as a key player in the global metals and manufacturing landscape. Saudi Arabia aims to be positioned among the top 10 aluminium producers globally and has made over US$32 billion in investments across the metals sector, including US$12 billion dedicated to aluminium-specific projects. Access to low-cost, sustainable energy sources and abundant bauxite reserves in the Kingdom are key enablers of this vision. In addition, Ras al-Khair Industrial City in the Eastern Province of Saudi, is the world's largest integrated aluminium production complex, producing 740,000 tonnes of aluminium per year. The aluminium industry is a vital pillar in Saudi Arabia's economic diversification and industrial development, and the launch of ALUMINIUM Arabia comes at a pivotal moment for Saudi Arabia's aluminium industry, as the sector prepares for a period of accelerated growth driven by Vision 2030 and wide-ranging government initiatives. With over US$1.3 trillion in infrastructure and mega projects underway, the demand for aluminium in Saudi Arabia is rapidly increasing, particularly in the construction, automotive, packaging, and aerospace industries. Vasyl Zhygalo, Managing Director, Middle East and Emerging Markets, RX, said: 'ALUMINIUM Arabia will serve as the ultimate platform to harness the immense business potential of one of the world's fastest-growing aluminium markets. By bringing together stakeholders from across the aluminium value chain, the event will foster meaningful opportunities for collaboration, innovation and industry advancement.' ALUMINIUM Arabia will unite a diverse array of stakeholders, including manufacturers, producers, technology providers, policymakers, and global investors. The event will showcase the latest cutting-edge advancements in aluminium production techniques and explore the growth of downstream industries that rely on aluminium, highlighting the significant economic opportunities within this sector. During the exhibition, a particular emphasis will be placed on Saudi Arabia's strategic roadmap to develop a fully integrated aluminium ecosystem that promotes sustainability, innovation, and efficient resource management, ultimately positioning the Kingdom as a global leader in the aluminium industry. ALUMINIUM Arabia is expanding RX's worldwide event portfolio for the globally networked aluminium industry and offers an additional platform for exchange, innovation and business development. Michael Köhler, Managing Director of RX Germany, added: 'Under the ALUMINIUM brand, RX will cover all relevant core markets in the industry, from Europe's leading innovation centre to the largest production hub, China and the highly developed North American sales market through to the economically thriving Middle East region.' RX Germany hosts the brand's flagship trade show, ALUMINIUM, in Düsseldorf every two years. The most recent edition, held in October 2024, featured over 800 exhibitors from 50 countries and welcomed 20,900 visitors from 99 countries. About RX RX is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 41 industry sectors, RX hosts approximately 350 events annually. RX is committed to creating an inclusive work environment for all our people. RX empowers businesses to thrive by leveraging data-driven insights and digital solutions. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit Media contact: JAMES LAKIE General Manager E-mail :
Finextra
23-05-2025
- Business
- Finextra
Can industrial metals hold up if the US-China truce falters in H2?: By Prakash Bhudia
Copper's soaring. Silver's holding ground. And a shaky 90-day trade truce between the US and China has markets breathing a little easier - for now. But under the surface, things aren't quite so smooth. Copper's been swinging wildly, smelters are running on negative margins, and silver's safe-haven shine is fading fast. China's buying big, but stockpiles are thinning, and treatment fees are deep in the red. As H2 looms, the real question isn't whether metals can climb - it's whether they can stay there when the trade peace starts to crack. The trade truce that bought time Markets love a good headline - and the 90-day US-China tariff pause delivered exactly that. After months of tit-for-tat tariffs and escalating tension, both sides agreed to put the brakes on. Tariffs were slashed dramatically: the US trimmed duties on Chinese imports from 145% to 30%, while China eased back from 125% to 10%. Investors exhaled, and industrial metals caught a bid. Copper futures rallied. Silver clawed back some ground. The risk of a full-blown trade war was, at least momentarily, off the table. According to RBC, the reprieve 'could be a step toward reducing the economic risk' that had been weighing heavily on the market. In short, the truce gave metals room to breathe - but it didn't change the game entirely. Beneath the surface, it's complicated Let's start with copper. On paper, it looks strong - up nearly 16% year-to-date. But that stat masks just how volatile the journey has been. After hitting all-time highs in March, copper prices nearly collapsed through the $4.00/lb level just weeks later. That's not the mark of a calm, balanced market, it's one riding a wave of uncertainty. Source: Trading view And then there's China. In April, the country imported nearly 3 million tonnes of copper concentrate - the highest monthly figure in five years and up 24% compared to the same period in 2024. Sounds bullish, right? Source: China's Customs Bureau, Bloomberg But here's the twist: smelters are paying to take this material. Yes, you read that correctly. Treatment charges - the fees miners pay smelters to refine concentrate - have flipped negative. Spot TC/RCs hit a record low of minus $57.50/tonne. That means Chinese smelters, despite gorging on supply, are effectively losing money just to stay in the game. And it's not just about supply and demand - it's about who's moving the pieces. Freeport-McMoRan resumed exports from its Grasberg mine after getting the green light from Indonesia, while a Glencore smelter outage in the Philippines rerouted even more cargoes to China. But this windfall may be short-lived. Freeport's domestic Indonesian smelter is set to come online by September, potentially cutting off a key source of Chinese feedstock. Silver's struggle to shine Silver isn't faring much better. While it briefly bounced on the back of a softer US dollar and growing Fed rate cut bets, that support is starting to wobble. With signs of easing global trade tensions, silver's appeal as a safe-haven asset is weakening. At the same time, silver's industrial role - particularly in electronics and semiconductors - is coming under pressure. The Trump administration's move to blacklist several Chinese chipmakers has raised concerns over demand for silver-heavy tech components. So while the metal hovers around $32, its footing looks increasingly fragile. Real-world friction in the scrap market Step away from the trading screens, and the confusion continues. In the US, scrap copper sellers are scratching their heads. They see copper trading at over $4.60/lb in New York and expect strong payouts - but recyclers are quoting prices based on London benchmarks, which are sometimes 40 cents lower. This disconnect has led to frustration and accusations of profiteering. But as Utah Metal Works president Mark Lewon puts it, 'We're not working on giant margins - we're just pricing to the real market.' With tariffs distorting flows and global benchmarks diverging, what sellers see on the screen isn't always what they get at the scrapyard. Some tariffs are now paused or cancelled, and that's narrowing the gap a bit - but the confusion is a symptom of a much larger issue: trade policy is still warping the way metal moves. Eyes on H2: Can the rally hold? All of this brings us to the heart of the matter: the second half of the year. JP Morgan notes that Chinese buyers have likely brought forward purchases in anticipation of tariff relief, which means demand could slow just as global supply rebounds. Freeport's in-country smelter, Glencore's recovery, and easing restrictions could all bring more metal to market. Add in a potential Section 232 tariff on US copper imports, and things get even trickier. JP Morgan warns that 'prices above $9,500/mt could face Chinese price sensitivity,' and expects that the micro tailwinds keeping copper prices afloat could start to unwind. For silver, the threat is more macro: if the Fed decides to hold rates steady and global trade stays stable, the safe-haven narrative weakens. And while industrial demand might prop it up to a point, tech restrictions and cooling chip demand could drag. Technical outlook: The Calm Before the What? The US-China trade pause was a welcome relief, but it hasn't solved the deeper imbalances lurking in the industrial metals market. Copper and silver have shown resilience, but their foundations remain shaky. Treatment charges are upside-down, demand is front-loaded, and policy risk still looms large. So, can industrial metals hold up if the truce falters in H2? They might. But don't be surprised if the ground beneath them starts to shift - fast. At the time of writing, Copper is experiencing a significant price slump within a sell zone, hinting at potential follow-up sells. However, the volume bars show that sell pressure is waning, hinting at a potential price reversal. Should the slump continue, prices could be held at the $9,328 and $8,950 potential support floors. Should we sound a price reversal, prices could encounter a resistance wall at the $9,660 resistance level. Source: Deriv MT5 Silver is also seeing a significant price slump in a sell zone, hinting at potential follow-up sells. The volume bars show that sell pressure is waning, hinting at a potential bounce. If the slump continues, prices could be held at the $31.65 and $31.10 support levels. Should we see a bounce, prices could be hit at the $33.95 resistance wall. Source: Deriv MT5 Disclaimer: The performance figures quoted are not a guarantee of future performance. The information contained within this blog article is for educational purposes only and is not intended as financial or investment advice. The information may become outdated. We recommend you do your own research before making any trading decisions.
