Topic：Industrial metals

Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.

London Metal Exchange week: Near-term risks weigh on sentiment; Citi is relatively bullish on aluminium

Participants remain hopeful about the long-term outlook for industrial metals but are becoming cautious about prices in 2027. Citi is more optimistic than the consensus on aluminium, copper in the near term, and lead, but more pessimistic on zinc.

Citi · 2026.10.30 02:25

China’s metals consumption rebounds after holiday: copper inventories fall sharply, but steel output continues to weaken

JPMorgan’s tracking shows that Chinese copper, aluminium and zinc inventories all fell in the first full trading week after the National Day holiday. Meanwhile, steel output was at a multiyear low for the period, while iron ore miners benefited from lower freight costs.

J.P. Morgan · 2026.10.30 02:43