Base metals get supercharged thanks to China rebound

Industrial metals are well on their way to being among the top performers of 2020.

Frank Holmes - U.S. Global Investors | December 15, 2020 | 10:57 am

Pendulum swings in favour of aluminum demand and prices

Flourishing demand in China and the United States, higher freight costs and tight scrap supplies are expected to fuel further rises in prices of the metal.

Reuters | December 15, 2020 | 8:47 am

‘Green stimulus packages’ key driver for base metal demand, says analyst

“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray.

Northern Miner Staff | December 9, 2020 | 9:57 am

US Steel to buy remaining Big River stake amid steel surge

U.S. Steel is exercising a call option and will use cash on hand to buy the stake for about $774 million.

Bloomberg News | December 8, 2020 | 10:45 am

China imports ever more aluminum as alloy demand booms

China imported another 220,000 tonnes of unwrought aluminum in October, extending one of the most unexpected trends in a year of metals market upheaval.

Reuters | December 7, 2020 | 11:18 am

Biden infrastructure plans will prop up base metals markets

Plans by US President-elect to spend $2 trillion on infrastructure are expected to underpin metals prices in the coming months.

Reuters | December 7, 2020 | 9:26 am

Mining supercycle talk back as copper, iron ore prices surge to 7-year highs

Goldman Sachs predicts "structural bull market" for commodities similar to 2000s as rising demand, green energy investment combine with chronic undersupply.

MINING.com Editor | December 1, 2020 | 12:15 pm