Chinese spot CIF import premiums for London Metal Exchange-registered brands of copper cathode remained steady amid marginal sideways movements, industry sources said Wednesday Import premiums remained around $200/mt CIF China Wednesday, ...
Tags: copper, copper investment, raw material, refining copper
HSBC has lowered its copper surplus forecasts for 2013 and 2014 and raised its outlook for the average price by 7%, the bank said Thursday. "We have cut our 2013 surplus forecast from 320,000 mt to 38,000 mt and our 2014 [forecast] from ...
Tags: Metallurgy, Mineral, Energy, Copper
Australian shares have opened half a percentage point weaker as falling commodity prices hit mining stocks, and banking shares rally. At 10.30am AEST, the benchmark S&P/ASX200 index was down 26.6 points, or 0.54 per cent, at 4900 points. ...
Tags: Stocks, Mining Stocks
THE Australian dollar dropped below 103 US cents for the first time in three days amid falls on US stock markets and weaker commodity prices. At 6.30am AEST the currency was trading at 102.77 US cents, down from 103.54 US cents at ...
Tags: Australian Dollar, US Stocks
Fitch Ratings forecasts that copper consumption will grow about 4% annually through 2014, based on a soft landing in China and a slow recovery in developed nations. European copper consumption is expected to remain depressed through this ...
Tags: Copper, Fitch Ratings, copper consumption
Economic Times reported that copper prices edged higher by INR 2 per kg on the local non-ferrous metal market today on increased industrial demand. Traders said increased industrial demand mainly helped copper prices to strengthen. In the ...
Tags: Copper, copper prices, copper mixed scrap, metal scrap
Bloomberg reported that copper gained after workers at BHP Billiton Ltd's Escondida mine in Chile turned down a wage proposal, threatening a stoppage at the largest copper mine. Metal for delivery in March climbed as much as 0.9% to ...
Tags: BHP Billiton Ltd, copper, futures
State owned Hindustan Copper's net profit during the April to November period of the current fiscal dipped by over 21.5%to INR 110.35 crore on account of subdued prices globally. The company,the only domestic player to produce copper ...
Tags: Hindustan Copper, copper ore, LME, India
Reported that tracking a firm global trend, copper futures prices rose by 0.61% to INR 446.85 per kilogram as speculators created fresh positions. Besides, rising demand at spot markets also influenced metal prices. Analysts said that the ...
Tags: Indian copper, copper, copper futures prices, copper prices
Reuters reported that London copper firmed after data showed China's manufacturers built on a recovery this month, driving a fifth straight week of gains but a lack of resolution to the US fiscal cliff kept a lid on prices. Growth in ...
Tags: London, copper, China, manufacturers
Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
Bloomberg reported that First Quantum Minerals Ltd a producer of copper in Africa, raised its bid for Inmet Mining Corp for a second time to about CAD 5.1 billion (USD 5.2 billion) as it seeks control of the Cobre Panama project. ...
Tags: Quantum Minerals, copper, Mining Corp, copper producers, top-five
Economic Times reported that taking positive cues from the global markets and a pick up in domestic demand,copper prices rose further by 0.30%to INR 448.25 per kg in futures trade on December 18,2012 At the Multi Commodity Exchange,copper ...
Tags: copper prices, metal, futures trade, global markets
Reuters reports that London copper was steady near 2 month highs as signs of a revival in China's economic growth and hopes of further easing by the United States underpinned prices while wrangling over the US fiscal cliff weighed on ...
Tags: London copper, economic growth, US, China
Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline tracking slight retreat in international markets, however the downside. LME Copper trades slightly lower ...