Reuters reported that demand for base metals in India could rise next week, particularly for copper and zinc, helped by a surge in construction activity and on higher buying of geysers and other heating equipment as winter sets in. ...
Tags: demand for base metals, copper and zinc, heating equipment
Reuters reported that Nickel prices may see a short term lift over the next several months due to a seasonal rise in demand for stainless steel, but next year's outlook is burdened by another market surplus. Nickel, a component in ...
Tags: Nickel prices, market surplus, seasonal rise
Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...
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 ...
Tags: copper market, scrap metal price, copper scrap, copper price
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
National Aluminium Company Limited has raised aluminium prices by INR 4,500 per tonne for all products in the domestic market effective December 1st 2012. Sources said that the basic price of standard aluminium ingots after the latest ...
Tags: aluminium extrudé, aluminium extrusion, aluminium products
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
ET reported that Indian aluminium prices edged up by 0.13% to INR 115.75 per kilogram at futures market as speculators created fresh positions, supported by rising demand at spot markets even as metal weakened overseas. At the Multi ...
Tags: Indian aluminium, aluminium prices, London Metal Exchange, Aluminium
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 ...
Tags: copper market, scrap metal price, trade oil futures, copper futures
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
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 ...
Tags: iron ore price news, copper market, scrap metal price, copper price
The premier trade event of the UAE’s aluminium industry, the 16th Arab International Aluminium Conference (ARABAL 2012) was held at the Grand Hyatt Doha, Qatar from 20 to 22 November. The conference, taking place under the patronage ...
Tags: UAE's aluminium industry, ARABAL, aluminium conference
Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...
Tags: copper market, copper price, global economy
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