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. ...
Reuters reported that China's large copper smelters are offering 2013 exports of refined cathode at cheaper premiums ranging from about 12% to 21% less as they compete with major suppliers such as top world producer Codelco boosting supply ...
Tags: copper smelters, copper cathodes, premiums
The Indian Express reported that nickel futures prices fell by 0.47% to INR 963 per kg, tracking a weakening trend in base metals in the global markets amid subdued domestic demand. At the Multi Commodity Exchange, nickel for delivery in ...
Tags: nickel, scrap metal prices, financial markets, currency markets
IRIS reported that CapitalVia Global Research has come out with report on commodity outlook for the week. It gave following outlook on gold, silver and copper: Gold - A gold future is trading at lower levels as the sharp rise in rupee ...
Tags: price for gold, gold and silver, commodity trading, gold commodity
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