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London and Shanghai Copper Prices Hit Their Highest in Nearly 7 Weeks

Dec 13, 2012

Reuters reported that London and Shanghai copper prices hit their highest in nearly 7 weeks cheered by news that China is seeking more effective policies to ensure stable economic growth. Concerns about the budget talks in Washington were ...

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London Copper Rallied to Its Highest in Six Weeks as Promising Manufacturing Data

Dec 13, 2012

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 ...

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Copper Futures Traded a Shade Lower Largely in Line

Dec 13, 2012

ET reported that in range bound movements copper futures traded a shade lower largely in line with a weakening trend overseas. Besides, subdued demand at domestic spot markets also put pressure on the metal prices. At the Multi Commodity ...

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Telecommunications Network Operator Chorus Saw Its Shares Plunge 12%

Dec 13, 2012

Business Desk reported that Telecommunications network operator Chorus saw its shares plunge 12% at the open of NZX trading following a Commerce Commission a draft decision that would steeply cut what it can charge for access to electronic ...

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Turkish Metal Producer Price Rose by 1.66% Over October

Dec 13, 2012

According to the statistics released by the Turkish Statistical Institute, in November this year the producer price index for Turkish industry in general rose by 1.66% over October and was up 3.6% YoY while an average rise of 6.98% was ...

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Domestic Demand Copper Prices Rose by 0.26% to INR 446.85 Per Kilogram

Dec 13, 2012

BS reported that taking positive cues from the global markets and a pick up in domestic demand copper prices rose by 0.26% to INR 446.85 per kilogram in futures trade. At the Multi Commodity Exchange, the February copper traded higher by ...

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China's Manufacturing PMI Rose to a 7 Month High in November

Dec 13, 2012

SMM reported that China's manufacturing PMI rose to a 7 month high in November. Risk appetite grew during the European session pushing commodity prices up. The US November manufacturing PMI declined more than expected, increasing ...

Tags: scrap metal price, iron ore price news, aluminum, steel scrap buyers

Belvedere Resources' Hitura Nickel Mine in Central Finland Remained Profitable in Q3

Dec 12, 2012

Belvedere Resources said its Hitura Nickel mine in Central Finland remained profitable in the third quarter despite slumping Nickel prices. Revenues for the quarter ended September 30 totaled EUR 6.82 million (CAD 8.49 million) versus EUR ...

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