Prices of copper – the bedrock industrial metal and a benchmark for gauging the strength of the global economy – are likely to soften further in the coming year as production growth is expected to exceed that of consumption. ...
Tags: Softer Copper, Industrial Metal
London copper rose more than 2% on Wednesday, headed for its biggest daily rise since mid-November, as the US Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper ...
Tags: London, copper, copper consumption, metal induatry
Reuters reported that London copper firmed after data showed China's manufacturers built on a recovery this month, driving a fifth straight week of gains but a lack of resolution to the US fiscal cliff kept a lid on prices. Growth in ...
Tags: London, copper, China, manufacturers
A consortium of Chinese and South African entities has agreed to purchase the 74.5% interest in South African copper producer Palabora Mining currently held by major miners Rio Tinto and Anglo American. The transaction in which Rio Tinto ...
Tags: copper stake, copper, copper producer, refined copper
China's top maker of copper tubes, Golden Dragon Precise Copper Tube Group expects 2013 production to rise by 14% from a year ago as signs of an improving economy inspire cautious optimism boosting orders at home and abroad. China is the ...
Tags: maker of copper tubes, main export market, precise copper tube
Closer trade ties between China and Chile following the signing of a landmark trade agreement are seeing a surge of exports to China. Mr Alvaro Jana Linetzky DG of international economic relations with the Chilean Foreign Ministry said ...
Tags: trade agreement, copper, copper consumer
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