Copper price bounces back after hitting six-month low

Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.

New trade measures effective Monday.

Shanghai rebar surges 4.4 pct after Handan steel, coking cuts.

"We expect copper prices to hover around highs in 2018."

The company amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index.

The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.

Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases.

Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.

Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world’s biggest steel consumer.