LME Week Breakfast Briefing 2026

The New Metals Order: Disruption, Trade and the Race for Supply

Geopolitics, trade policy and supply chain realignment are reshaping metals markets at an unprecedented pace. Competition for critical minerals continues to intensify, while tariffs, industrial policy and shifting trade flows are challenging traditional assumptions around pricing, demand and market access. At the same time, the energy transition remains a powerful force across ferrous, base and battery metals markets.

Join S&P Global Energy during LME Week to explore the forces driving disruption across global metals markets. Whether you're active in physical or paper markets, this briefing will provide expert perspectives on pricing, market fundamentals and emerging opportunities across the metals value chain. Places are limited, so secure your spot now to gain the intelligence needed to stay ahead in a rapidly changing market.

Event Highlights

• Market Disruption & Trade: Understand how tariffs, industrial policy and shifting supply chains are transforming metals markets and influencing price formation.
• Cross-Commodity Insights: Gain perspectives across ferrous, base and battery metals, including copper, nickel, rare earths, steel, iron ore and aluminium.
• Research & Pricing Perspectives: Hear from S&P Global's leading analysts and price reporters on the trends shaping market outlooks and benchmark development.
• Networking: Connect with industry peers and market participants over breakfast during LME Week.

Agenda at a glance

08:30 AM: Registration & Networking with Breakfast Refreshments

09:00 AM: Welcome & Introduction to S&P Global Energy
Shivani Singh, Associate Regional Pricing Director Metals EMEA, S&P Global Energy

09:05 AM: The Endless Gyre: How are Markets Adapting to AI and Structural Uncertainty
Nick Trickett, Head, Short Term Analytics, Critical Minerals, S&P Global Energy

09:20 AM: [Keynote] Steel Derivatives: Liquidity, Participation and Market Evolution
Alberto Xodo, Product Specialist (Steel & Nickel), London Metal Exchange

09:35 AM: Copper & Zinc: Tight Concentrates, Supply Risks and Elevated Prices
Ruilin Wang, Associate Director, Copper & Zinc, Nonferrous Markets, S&P Global Energy

09:50 AM: The Price Pendulum: How Battery Metals Are Swinging Between Surplus and Scarcity
Simran Jodha, Manager, Price Reporting, Nonferrous Metals, S&P Global Energy

10:05 AM: Nickel: Structural Oversupply in Tug of War with Government Intervention
William  Mason, Associate Director, Mine Economics & Emissions, S&P Global Energy

10:20 AM: The Gates of Supply: Resource Nationalism in the Critical Mineral Era
Fernando Araya Burchard, Associate Director, Critical Mineral Supply Chain, S&P Global Energy

10:45 AM: Pricing Benchmarks Update: As Markets Evolve, Platts Ensures Its Price Assessment Methodology Remains Robust and Relevant
David Henry, Global Director, Price Reporting - Metals, S&P Global Energy

11:00 AM: Europe's Steel Reset: Safeguards, CBAM and the New Status Quo
Charles Thompson, Senior Price Reporter, Ferrous Metals, S&P Global Energy

11:15 AM: Turkish Ferrous Scrap Market Snapshot: Disruptions and Sentiments Impacting Prices
Natasha Gordon, Price Reporter, Steelmaking Raw Materials
S&P Global Energy

11:30 AM: The State of the Iron Ore Market and Medium-Term Outlook: Surplus Era Amid Shifting Pricing Dynamics
Tamara Thorne, Senior Principal Analyst, Iron Ore, Ferrous Markets, S&P Global Energy

11:45 AM: Joint Aluminum Session

Aluminum Supply Constraints to Ease While Demand Faces Headwinds and Opportunities
Karen Norton,  Associate Director, Aluminum, Nonferrous Markets, S&P Global Energy

Aluminum in Focus: Geopolitics and Policy Changes Impact Spot Prices
Sophie Dyas, Price Reporter, Nonferrous Metals, S&P Global Energy

Countdown to the event