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07/05/2025
Chief Executive Officer of Brazilian Aerospace Company: Joining other companies in calling for the restoration of zero tariffs policy for the aviation industry.
Latest
6 m ago
LME copper rose by 1.93% to $9537.50 per ton. LME aluminum fell by 0.35% to $2425.50 per ton. LME zinc rose by 0.65% to $2632.00 per ton. LME lead fell by 0.70% to $1918.00 per ton. LME nickel rose by 1.59% to $15675.00 per ton. LME tin rose by 3.53% to $31970 per ton. LME cobalt remained unchanged at $33700 per ton.
6 m ago
The U.S. Energy Information Administration (EIA) has released its Short-Term Energy Outlook predicting that the electricity consumption in the United States will reach a historical high in the next two years. The EIA expects that electricity demand will increase from a record 40,970 billion kilowatt-hours in 2024 to 42,050 billion kilowatt-hours in 2025, and further to 42,520 billion kilowatt-hours in 2026. This growth is partly attributed to the use of more electricity by artificial intelligence and cryptocurrency mining data centers, as well as by households and businesses in heating and transportation. The EIA also mentioned that the proportion of natural gas electricity generation will decrease from 42% in 2024 to 40% in 2025 and 2026. The share of coal-fired electricity generation will remain at 16% in 2025, the same as in 2024, before decreasing to 15% in 2026.
9 m ago
The US Treasury Department auctioned $42 billion of 10-year government bonds, with a bid-to-cover ratio of 2.60 and a yield of 4.342%.
10 m ago
International copper night session closed up 0.91%, Shanghai copper closed up 0.84%, Shanghai aluminum closed down 0.55%, Shanghai zinc closed down 0.27%, Shanghai lead closed down 0.09%, Shanghai nickel closed down 0.21%, and Shanghai tin closed up 0.73%. Aluminum oxide night session closed up 0.85%. Stainless steel night session closed up 0.55%.
11 m ago
Market news: Amazon's self-driving taxi division Zoox has recalled its autonomous vehicles due to a collision accident that occurred last month in Las Vegas.
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