Reuters reported that Base metal demand in India is likely to remain buoyant next week on a surge in construction activities during the winter season. However, due to an expected decline in automobile sales in December, demand for lead ...
Tags: metal demand, construction activities, automobile sales
Indian Express reported that Indian aluminium prices edged up by 0.66% to INR 114.35 per kilogram at futures market on the back of strong domestic demand and firm global cues. At the Multi Commodity Exchange, aluminium for delivery in ...
Tags: Indian Express, aluminium prices, aluminium, futures trade
ET reported that Buoyed by a firm global trend and pick up in domestic demand copper traded higher by 0.67% at INR 447.50 per kilogram in futures trade. At the Multi Commodity Exchange, copper for delivery in April traded higher by INR 3 ...
Tags: scrap metal prices, scrap copper, copper market, copper price
ET reported that state owned aluminium producer Nalco has funded many educational institutions as part of its corporate social responsibility but no financial assistance has been given to any private university. Mr Dinsha Patel mines ...
Reuters reported that government infrastructure spending should help Zambia's economy grow faster over the next 2 years providing copper prices do not fall. Median forecasts from last week's survey of 13 economists show Africa's top ...
Tags: copper, Capital Economics, copper price
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
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
According to Andrew Mitchell, an analyst at researcher Wood Mackenzie Ltd, nickel market may be in balance next year as demand strengthens amid potential delays in adding supply. Following are comments made by Mr Mitchell on November 20. ...
Tags: nickel market, nickel, KONIAMBO
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal
Reuters reported that London copper edged down after rising for two weeks in a row although signs of economic recovery in top consumer China and hopes for Greece to avert an imminent bankruptcy kept a floor under prices. Copper prices ...
Bloomberg reported that aluminum buyers in Japan are set to secure the first fee reduction in a year from suppliers as the economy sinks into a recession. The executives said that premiums for the three months starting in January may drop ...
Tags: aluminum buyer, aluminum, Japan aluminum, fee reduction
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday
Gulf Times reported that the aluminium sector which has seen price laggardness due to over production and stock building is expected to witness an upturn in prices sooner than later. Mr Svein Richard Brandtz president & CEO of Hydro ...
Tags: aluminium sector, price laggardness, aluminium price, aluminium market
Though London Metal Exchange prices for copper have been on a downward spiral, the sustenance in treatment and refining charges are helping metal makers to stay in a comfort zone. Hindalco Industries, for instance, reported a 29 per ...
Tags: Copper, Nonferrous Companies, London Metal Exchange, copper price
ET reported that state owned aluminium producer Nalco has funded many educational institutions as part of its corporate social responsibility but no financial assistance has been given to any private university. Mr Dinsha Patel mines ...
Tags: Nalco, Private Universities