Markets Top Stories

Nornickel says some EU clients refuse to buy products made of Russian metal

Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.

Reuters | March 30, 2024 | 1:38 pm

CHARTS: Copper price bulls bring back $10,000 forecasts

While plummeting spot TC/RCs – from $90+ to $3 –…

Frik Els | March 29, 2024 | 1:07 pm

Shanghai copper heads for biggest monthly gain in 16 months

The most-traded May copper contract has gained nearly 5% so…

Reuters | March 29, 2024 | 6:58 am

Horizonte Minerals sinks further as company details additional costs for nickel mine

In an update on Thursday, the nickel developer said the…

Staff Writer | March 29, 2024 | 5:20 am

China copper smelters move closer to possible 10% production cut

Thirteen major smelters proposed a reduction of 5% to 10%…

Bloomberg News | March 28, 2024 | 4:22 pm

Zinc inventories in LME warehouses jump 64% in two days

The metal price rose on Friday after hitting its lowest since July 2020 on Thursday.

Reuters | May 26, 2023 | 10:35 am

Hedge funds bet against copper for first time in three years

LME data this week showed investment fund positioning in copper flipped to a net short — the first since June 2020.

Bloomberg News | May 26, 2023 | 7:46 am

Metals markets face grueling summer as Chinese demand falters

Copper has dived below $8,000 a tonne and iron ore is trading south of $100.

Bloomberg News | May 26, 2023 | 7:38 am

Gold price down to 2-month low on US debt talk progress

Gold has been trending down this week on robust US economic data.

Staff Writer | May 25, 2023 | 8:42 am

BHP confident China property recovery will boost metals demand

Weaker-than-expected construction, particularly in the property sector, has pushed iron ore below $100 a tonne.

Bloomberg News | May 25, 2023 | 8:26 am

Tin prices rise on Myanmar supply worry

A detailed plan to suspend all mining activities in a region controlled by Myanmar's ethnic Wa militia force from August 1 was released earlier this month.

Reuters | May 25, 2023 | 7:48 am

Billionaire Friedland says copper market weakness is temporary

The note of confidence from Friedland comes after China’s economic activity disappointed expectations since strict pandemic restrictions were removed late last year.

Bloomberg News | May 25, 2023 | 5:06 am