Reuters reported that London copper rallied to its highest in six weeks as promising manufacturing data from top consumer China fuelled a cautious return in investors' appetite for the metal although worries over US fiscal woes kept a lid ...
Tags: scrap metal price, iron ore price news, copper market, copper scrap
Reuters reported that London copper eased as traders took profits after prices hit a near 2 month top in the previous session but signs of a revival in China's growth and hopes the United States would be able to avoid a fiscal disaster ...
Tags: London, copper, copper price, copper market
Reuters reported that London copper was steady and was set to close the week little changed as traders focused on the progress in US talks to avert a looming fiscal crisis while also waiting for a crucial jobs report from the world's ...
Tags: copper, China's industrial production figures, copper contract
BS reported that copper maker Sterlite Industries (India) rose 5.37% to INR 112.80. The stock topped the gainers in the BSE's A group. Metal shares were in demand as copper prices in London and Shanghai hit their highest in almost seven ...
Tags: metal shares, copper prices, copper contract, stock
Reuters reported that Shanghai steel futures jumped 1.6 percent on Wednesday, tracking gains in equities, after China's next president said the state will fine tune policies to ensure stable economic growth next year, boosting the outlook ...
Tags: steel scrap price, buy steel pipe, steel tank, iron ore price news
Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...
Tags: copper price, China's economic growth, world's economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
It's reported that steel rebar futures at the Shanghai Futures Exchange (SHFE) posted the biggest weekly growth in more than two years on expectations of awakening Chinese economy will boost demand. Rebar for May delivery last Friday closed ...
Tags: steel rebar, weekly growth, daily production
Reuters reported that Shanghai steel futures climbed more than 1%on Monday to their highest since October,after fresh data boosted optimism that China's economic recovery was gaining traction,boding well for demand for both steel and its ...
Tags: steel futures, economic recovery, industrial output, iron ore
Bloomberg reported that steel reinforcement bar futures posted the biggest weekly climb in more than two years on expectations a strengthening Chinese economy will boost demand. Rebar for May delivery rose 1.7% to close at CNY 3,656 (USD ...
Tags: steel reinforcement bar, steel, urbanization projects, metric tonne
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
Reuters reported that China steel futures dropped on Monday for a second session in three, weighed down by softer demand in China amid colder weather The most traded rebar contract for May delivery on the Shanghai Futures Exchange touched ...
Tags: Shanghai Rebar, China steel, colder weather
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
Reportedly, shanghai steel futures climbed 1.6% on Monday from a week long fall, showing a sign that world's No. 2 economy is on the mend. According to a survey of HSBC that manufacturing activity in China accelerated for the first ...
Tags: steel, world's No.2 economy, China's economy, rebar
Reuters reported that London copper slipped retreating from a three week high in the previous session, as concerns resurfaced over fiscal troubles in the United States but signs of an economic revival in top consumer China cushioned prices. ...
Tags: copper, copper price, fiscal cliff