Metales
Descripción general
Argus ofrece datos de precios fiables e inteligencia de mercadeo para ayudarle a comprender los factores que impulsan los mercados de metales primarios y secundarios. Nuestro servicio se diferencia ya que incluye comentarios de mercado, análisis y noticias en profundidad sobre metales ferrosos y no ferrosos en el corazón del comercio comercial y la fabricación industrial.
La cadena de suministro global de metales utiliza los datos de materias primas de Argus metales como referencia en contratos de suministro físico y derivados, con fines de valoración de mercado, como indicador de valor para evaluaciones fiscales, para el manejo de riesgos y en análisis y planificación estratégicos.
Argus ofrece cuatro productos principales dentro de su cartera de metales: Argus Ferrous Markets, Argus Non-Ferrous Markets, Argus Scrap Markets and Argus Battery Materials. Cada oferta incluye acceso a Argus Metals – su plataforma de metales.
Metals market coverage
Argus is a leading independent provider of market intelligence to the global energy and commodity markets. Our price assessments and market intelligence are available for all major metals markets across the globe. Explore the coverage most relevant to your business:
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Últimas noticias de metales
Explore las últimas noticias que mueven el mercado sobre la industria mundial de los metales.
Al price forecasts hit $4,000/t on Middle East conflict
Al price forecasts hit $4,000/t on Middle East conflict
London, 5 March (Argus) — Aluminium price forecasts are surging higher because of the disruption to deliveries from producers in the Middle East as a result of the US-Israel and Iran war, and some analysts are now suggesting that London Metal Exchange (LME) aluminium prices could reach all-time highs above $4,000/t. Regional premiums are also set for substantial increases against an unprecedentedly tight supply outlook. Official LME three-month aluminium prices reached $3,372/t in Wednesday's trading, topping the earlier 2026 peak from late January and setting a new four-year high after supply from producers in the Middle East was cut off from global consumers because of shipping disruption through the strait of Hormuz. More than 5mn t of aluminium was shipped through the strait last year, bound for around 70 countries across Asia, Europe and North America, with vast quantities of bauxite and alumina passing through in the opposite direction. Regional aluminium producers Qatalum and Alba have already announced production and delivery stoppages. Saudi Arabia's Maaden and the UAE's Emirates Global Aluminium (EGA) have options to move material by truck to other ports and avoid the affected waterway, but this will entail significant time and expense, and does not solve the issue of ensuring raw material deliveries vital to continuing operations in the longer term. EGA informed customers earlier this week that it could also leverage stocks held outside the UAE to ensure near-term deliveries. US investment bank Goldman Sachs said earlier this week that just one month of full production loss from the Middle East would temporarily justify a price of $3,600/t, but forecasts have since increased as the market considers a longer-term disruption to supplies from the region. Fellow US bank Citi on Wednesday raised its price forecast for the next three months to $3,600/t, but said prices could climb to $4,000/t "in a bull-case scenario". "Force majeure has now materialised at two Gulf producers, marking a clear shift from risk to realised disruption," Citi said. Analysts also see significant upside to regional delivery premiums as the Middle East disruption adds to an already tight supply outlook, especially in Europe, which in recent years has seen Russian supplies cut off because of the conflict in Ukraine, swathes of domestic capacity closed because of high energy prices, and dwindling supply of aluminium scrap because of leakage to export markets that can offer higher prices. More recently, Europe faces the imminent loss of supply from the Mozal smelter in Mozambique because of power problems and an ongoing production stoppage at Icelandic smelter Nordural. The US, meanwhile, is dealing with the impacts of President Donald Trump's trade tariffs. Argus' assessment for the European P1020 duty-paid aluminium premium jumped to $410-440/t on Wednesday, from $340-370/t previously, while its assessment for the US Midwest premium set a new record high at $1.06-1.08/lb, up from $1.03-1.05/lb a week earlier. Premiums are likely to continue to rise for as long as output from the Middle East remains disrupted. By Jethro Wookey Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Gulf shipping crisis disrupts India’s Mn alloy exports
Gulf shipping crisis disrupts India’s Mn alloy exports
Mumbai, 5 March (Argus) — The mounting war in the Middle East has disrupted trade flows for India's manganese alloy sector, creating one of the most challenging operating environments in recent years with shipping suspensions, rising freight and mounting cost pressures. India typically supplies 500,000-600,000t of manganese alloys annually to the UAE, Turkey, Egypt, Qatar, Oman, Bahrain and Saudi Arabia. Most carriers have halted services to Europe, north Africa and the Middle East because of security threats and soaring insurance premiums, stopping shipments from Indian exporters. Monthly flows of around 40,000–50,000t have now effectively stopped, and shipments have been completely stalled for nearly 15 days. Freight is the single largest disruption. The diversion of vessels around the Cape of Good Hope to avoid the Suez Canal for shipments to Europe has further strained logistics because of security and insurance complications. Ships that once completed two voyages in 60-70 days can now complete only one, tightening vessel availability and extending delivery timelines for bulk commodities. The strait of Hormuz, long considered more influential than many stock exchanges in shaping global commodity sentiment, is again acting as a major volatility trigger, lifting fuel-related and freight-linked costs, an exporter told Argus . Imported manganese ore costs are also rising, with freight from some origins climbing from $50-60 to $100-125 per container, while other routes are now near $1,000 per container. At the producer level, margin pressure is intensifying. Rising energy costs are eating into profitability while freight volatility directly undermines export competitiveness. The weakening rupee offers some relief to exporters through higher realisations, but the simultaneous rise in import costs for manganese ore and energy inputs offsets this benefit. The sudden freeze could leave excess material trapped in the domestic market, adding downward pressure on prices even as producers face cost inflation. Buyers are delaying contracts because of uncertainty about price direction amid the volatility, leaving much of the market in a wait-and-see mode. The sector faces a prolonged stretch of logistical strain, with exporters recalculating margins and delivery risks and carriers avoiding key shipping corridors. There are expectations that freight costs may rise further. Container rates that previously ranged $1,000-1,600 could rise as high as $4,000 a box if the conflict continues, some market participants said. Freight rates could rise by 30-50pc if the war continues, traders said. The loss of Middle Eastern demand and the likely buildup of domestic supply could exert downward pressure, making any immediate price increase in manganese alloys unlikely, traders said. The broader outlook remains fluid, with volatility set to persist, while efficiency, captive power and strategic risk management become more critical in the long term. By Deepika Singh Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Asian scrap trading stalls on geopolitical uncertainty
Asian scrap trading stalls on geopolitical uncertainty
Shanghai, 5 March (Argus) — Activity on Asian ferrous scrap markets are expected to decline as a result of the escalating conflict between the US and Iran, causing growing concerns among steelmakers on finished steel sales. But some Japanese traders anticipate trade flows to increase within Asia. Spot trading activity was thin this week, because both buyers and sellers stepped back to assess the impact of the conflict in the Mideast Gulf on commodity markets. Asian ferrous markets are not directly exposed to potential logistics disruptions, but many scrap participants chose to stay on the sidelines given tighter vessel availability, rising freight costs, increasing production costs, volatile exchange rates and unclear direction in the steel market. Scrap sellers were cautious to update offers without first securing vessels. Freight rates received by a Japanese trader this week were only slightly higher by $3-4/t from last week because the routes are within Asia, the trader said. But offers are quite limited, and shipowners will raise rates further if fuel costs continue to climb, they added. In addition to higher freight rates, Japan's firm domestic market further challenged export negotiations. Tokyo Steel increased domestic collection prices by $12.70-15.80/t over 19 February-3 March in an effort to retain more scrap in the local market. Some Japanese traders expect demand from south Asian countries for Japanese scrap to increase if disruptions around the strait of Hormuz reduce supply flows from the Middle East. Pakistan imported 1.23mn t of scrap from the UAE in 2025, while India imported 510,000t from the UAE in the same year, according to Global Trade Tracker (GTT) data. South Asian buyers need to source alternative supply to meet their production demand, a Japanese trader said. Meanwhile prices in some Asian markets like Taiwan, where mills typically prefer to make weekly procurements, have started to rise this week. Offers for containerised HMS 1/2 80:20 have risen as high as $330/t this week, up by approximately $10/t from the last traded price in the week of 23-27 February. Argus assessed the HMS 1/2 80:20 containerised scrap price at $225/t on 4 March, marking a $5/t increase on the day. Weaker steel demand to pressure scrap Potential weakness in steel sales is also weighing on Asian steelmakers' scrap procurement. The Middle East was an important market for Chinese steel products in 2025. Higher freight rates will affect shipments of previous orders and new sales of finished and semi-finished steel products from Asia to the Middle East. Some producers may redirect supply to Asian markets, intensifying regional competition. Asian scrap buyers are also concerned that steel prices may not rise in line with raw material costs because elevated steel prices could dampen downstream demand. March-May is typically the peak construction season across many southeast Asian markets. If the US-Iran conflict persists longer than expected, higher crude oil prices could fuel inflation expectations and heighten growth risks in many economies, market sources said. Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
US adds critical minerals to focus in Venezuela
US adds critical minerals to focus in Venezuela
Caracas, 4 March (Argus) — US interior secretary Doug Burgum is discussing mining and the critical minerals supply chain with Venezuelan officials in Caracas, the US embassy in Venezuela said today. Burgum is making contact with "US and Venezuelan businesses, and will work for a legitimate mining sector and safe value chain of critical minerals", the embassy said. The US has claimed management of Venezuela's major commodities in the wake of its arrest of former president Nicolas Maduro on 3 January. Burgum will visit for two days, and will also discuss general energy topics including oil, interim president Delcy Rodriguez said in a joint appearance with the secretary. Venezuela's government plans to soon present a legislative proposal to open its mining sector to more investment, similar to what it did recently in its hydrocarbons sector, Rodriguez said. Venezuela has said it has large untapped deposits of critical minerals, although specific data is limited. It has also struggled with widespread illegal mining and smuggling. Trump praised interim president Rodriguez, previously Maduro's vice-president, in a social media post on Wednesday, saying she is "working with U.S. Representatives very well". Venezuela continues to produce about 1mn b/d of crude, but Trump has vowed that US oil investment will soon boost output, adding that the "Oil is beginning to flow". By Carla Bass Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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