Showing posts with label Metals. Show all posts
Showing posts with label Metals. Show all posts

Thursday, August 30, 2012

China Copper Demand Seen Growing at Slowest Pace in 15 Years

China Copper Demand Seen Growing at Slowest Pace in 15 Years

Copper consumption in China, the world’s biggest user, is expected to expand this year at the slowest rate since 1997 as economic growth coo... Read more »

Tuesday, August 28, 2012

Copper drops on economy fears; central bank action eyed

Copper drops on economy fears; central bank action eyed

Reuters - Copper fell on Tuesday, hit by uncertainty about the outlook for economic growth, with investors reluctant to take on long positio... Read more »

Monday, August 27, 2012

Copper ends down as investors await central bank action

Copper ends down as investors await central bank action

Reuters - New York copper futures ended lower in holiday-thin business on Monday, pausing from last week's near 2-percent climb as inves... Read more »

Sunday, August 26, 2012

Shanghai copper up on stimulus hopes, spot sales

Shanghai copper up on stimulus hopes, spot sales

* China must be ready to nip near-term risks - state media * Fed has room to deliver stimulus - Bernanke * Low trading interest on LME h... Read more »

Tuesday, August 21, 2012

Copper up on euro zone hopes but gains limited

Copper up on euro zone hopes but gains limited

(Reuters) - Copper rose on Tuesday amid hopes that a strategy being drawn up by the European Central Bank will help alleviate the euro zone ... Read more »
Gold rises, platinum holds near 2-month high

Gold rises, platinum holds near 2-month high

* Expectations for monetary policy easing support gold, silver * Gold prices still face hefty resistance at $1,630-1,640/oz * Platinum u... Read more »

Friday, August 17, 2012

Copper gains on softer dollar, Merkel comments

Copper gains on softer dollar, Merkel comments

Reuters - Copper rose on Friday on a softer dollar and after German Chancellor Angela Merkel backed European Central Bank efforts to fight t... Read more »
China: Steel prices see further decline in July

China: Steel prices see further decline in July

Steel prices further declined in July and will continue to fluctuate at a low level, due toweakening demand and excessive supply, an industr... Read more »
Chinese steel market awaits turnaround in the twilight of 2012 - 17 Aug, 2012

Chinese steel market awaits turnaround in the twilight of 2012 - 17 Aug, 2012

After incessant shedding witnessed over the last two quarters in domestic levels in China market has been hoping for resurgence in Q3 & ... Read more »

Tuesday, August 14, 2012

Copper turns higher on German, French data, stimulus hope

Copper turns higher on German, French data, stimulus hope

Reuters - Copper broke a four-day losing streak on Tuesday, rising modestly after better-than-expected French and German growth data boosted... Read more »
US HRC Futures Spot Price Improves on MetalMiner’s Daily Steel Price Index

US HRC Futures Spot Price Improves on MetalMiner’s Daily Steel Price Index

The spot price of the US HRC futures contract rose by a slight 0.2 percent on Aug. 10, 2012, making it the day’s biggest mover. After three ... Read more »

Friday, August 10, 2012

Copper dragged down by weak China trade data

Copper dragged down by weak China trade data

Reuters - Copper prices fell on Friday on soft China trade data, despite a rise in imports of the industrial metal in July, as weak overall ... Read more »
Iron Ore-Spot prices at 2-1/2 year low, China imports drop

Iron Ore-Spot prices at 2-1/2 year low, China imports drop

* China iron ore imports fall for 2nd straight month * Iron ore has dropped in 20 of the past 22 sessions * Shanghai rebar ends four-wee... Read more »
China July copper imports up 5.9 pct, beating expectations

China July copper imports up 5.9 pct, beating expectations

By Polly Yam HONG KONG (Reuters) - China's copper imports rose 5.9 in July from the previous month and gained 19.5 percent from a year... Read more »

Wednesday, August 8, 2012

Copper ends down with weak euro; China data eyed

Copper ends down with weak euro; China data eyed

* Euro falls vs dollar on weak German data * BOE cuts growth forecast, France eyes recession * Markets hope for ECB action to help Spain... Read more »

Tuesday, August 7, 2012

3-Month Price Of LME Steel Billet Sees Small Decrease

3-Month Price Of LME Steel Billet Sees Small Decrease

On Aug. 6, 2012, the 3-month price of steel billet fell by 1.5 percent on the LME, landing at $355 per metric ton and making it the day’s bi... Read more »
Copper jumps to 1-week high on hopes of EU action

Copper jumps to 1-week high on hopes of EU action

Reuters - Copper rose to a one-week high on Tuesday as the dollar fell and expectations grew that Europe will take the necessary steps to re... Read more »
China Copper Market Backwardation May Persist As Imports Decline

China Copper Market Backwardation May Persist As Imports Decline

Copper for immediate delivery in China has been more expensive than the metal for future delivery since May 9, and this price structure may ... Read more »

Saturday, August 4, 2012

August steel scrap US price settlements much higher than July

August steel scrap US price settlements much higher than July

More US scrap price negotiations for August steel mill requirements were concluded through Friday with prices surpassing July's low leve... Read more »
Russian Steel Prices To Rise Closer To U.S., Morgan Stanley Says

Russian Steel Prices To Rise Closer To U.S., Morgan Stanley Says

Prices for Russian steel exports will rise closer to U.S. levels and remain strong through October as the Ramadan holiday ends in August, bo... Read more »
 
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