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...
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Showing posts with label Metals. Show all posts
Showing posts with label Metals. Show all posts
Thursday, August 30, 2012
Tuesday, August 28, 2012
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...
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Monday, August 27, 2012
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...
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Sunday, August 26, 2012
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...
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Tuesday, August 21, 2012
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 ...
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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...
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Friday, August 17, 2012
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...
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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...
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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 & ...
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Tuesday, August 14, 2012
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...
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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 ...
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Friday, August 10, 2012
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 ...
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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...
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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...
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Wednesday, August 8, 2012
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...
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Tuesday, August 7, 2012
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...
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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...
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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 ...
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Saturday, August 4, 2012
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...
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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...
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