Newsroom

Sucden Financial Opens European Office in Germany

Reuters: Global metals volumes slide on recession fears, volatile markets

Our CEO, Marc Bailey, comments on LME trade flows to Reuters:
"The LME is very much underpinned by traditional trade flows. Those flows are going to be there, even if they're going to be less because economic activity is less."

Bloomberg: Oil Settles Below $90 as China Outlook Sours, Iran Talks Advance

“We’re really seeing where China’s economy is at and it’s a lot less rosy than people had hoped, consumption is going to be lower than anticipated, certainly for oil.”
Our Head of Research speaks to Bloomberg News about oil's outlook.

Bloomberg: Copper Crash Deepens as Recession Fears Loom Over Metals Trading

"Copper’s caught a bit of a bid that’s lifted it off the lows, but we’re certainly expecting more downside.”
Our Head of Research, Geordie Wilkes, speaks to Bloomberg News as the price of copper falls below $7,500 per ton.

Fastmarkets AMM: US aluminium scrap demand climbs

"Not only are consumers demanding products that are less impactful upon the environment, but aluminium producers are demanding more recycled content in their products".
Our Head of Research, Geordie Wilkes, comments on the shift towards more environmentally friendly aluminium production and current scrap demand in Fastmarkets AMM.