Copper price falls with China absent for Lunar New Year

Mining News Pro - Copper price fell for a second day on Wednesday, weighed down by a stronger dollar and the absence of China, where markets are closed for a week-long Lunar New Year holiday.

BHP expects China to underpin commodities demand in 2023

Mining News Pro - China is set to be a stabilizing force for commodities demand this year as developed nations face economic headwinds, BHP Group Ltd said on Thursday as it posted higher quarterly iron ore shipments that edged past expectations.

Trafigura plans to take large amounts of LME copper

Mining News Pro - Commodity trader Trafigura is planning to take large amounts of copper from London Metal Exchange registered warehouses, two people familiar with the matter said, adding that the metal was likely to remain in Europe.

Gold price retreats as new US employment data sends hawkish signal

Mining News Pro - Gold prices slipped by more than 1% on Thursday, putting an end to its New Year rally, as the latest release of US labour market data boosted expectations of higher interest rates for longer.

Copper price retreats as China reports rising covid cases

Mining News Pro - Copper prices slid on Thursday as rising covid-19 infections in China and fears of a global recession weighed on prices.

Iron ore price rises as more policy support looms in China

Mining News Pro - Iron ore price rose on Monday underpinned by looming additional policy support to shore up the Chinese economy amid its battle to contain covid outbreaks.

US coal prices climb past $200 as global energy crunch boosts demand

Mining News Pro - US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel.

Copper price pressured by crumbling demand

Mining News Pro - The copper price was down on Monday despite expectations of weakening demand reinforced by manufacturing data from around the world, a strong dollar, and rising inventories in warehouses approved by the London Metal Exchange.

Aluminum price extends gains after record spike on Russia supply fears

Mining News Pro - Aluminum rose again after Thursday’s record surge, with the London Metal Exchange’s plan to discuss a potential ban on Russian metal exacerbating supply concerns while stimulus measures in China bolstered the demand outlook.

Aluminum price lowest since April 2021 on strong dollar and demand outlook

Mining News Pro - The aluminum price sank to the lowest since April 2021 on Wednesday as faltering global economic growth weakened the outlook for demand and boosted the dollar.

Iron ore price down as China’s covid

Mining News Pro - The iron ore price fell on Thursday pressured by worries over fresh covid-19 restrictions and property sector troubles in China squeezing demand for ferrous metals.

Copper price falls on demand worries in China

Mining News Pro - The copper price fell on Monday as worries about demand in China surfaced due to weak economic data and a firmer dollar.

Iron ore price falls as traders weigh demand prospects in China

Mining News Pro - The iron ore price fell on Friday as traders weighed demand prospects in China.

Copper price up as Chinese imports rise

Mining News Pro - The copper price rose on Wednesday as improving demand prospects due to stronger than expected data from the United States and China were reinforced by a lower dollar.

Iron ore price rises on improved China steel margins

Mining News Pro - Iron ore prices rose on Monday, extending their gains as improved steelmakers’ margins in China encouraged mills to gradually restart idled blast furnaces and boost imports of the steelmaking ingredient.

Iron ore price falls as property crisis threatens to drag down steel industry

Mining News Pro - The iron ore price fell on Wednesday as a crisis engulfing property developers in China outweighed improving margins at mills.

Copper price rises on supply risks and softening dollar

Mining News Pro - Copper price rose on Tuesday, as supply risks flagged by major producers offset demand concerns, while a softening dollar made the metal cheaper for holders of other currencies.

Copper price rises as risk appetite returns

Mining News Pro - Copper prices were up on Friday as investors returned to riskier assets following a brutal sell-off.

Copper price down as growth outlook deteriorates

Mining News Pro - Copper prices fell on Tuesday as worries about demand in China and elsewhere due to a slowdown in growth were reinforced by rising inventories, while a lower US dollar provided some support.

Copper price rebounds despite weak economic activity in China

Mining News Pro - The copper price rose on Friday despite growing concerns that the world economy is headed for recession.

Collapsing metal inventories clash with plunging prices

Mining News Pro - London Metal Exchange (LME) stocks are rapidly dwindling.

Iron ore price rebounds as China’s exports grow

Mining News Pro - The iron ore price rebounded on Wednesday after data showed China’s exports grew at a faster-than-expected pace in June.

Goldman goes cold on copper price

Mining News Pro - The copper price has lost one of its most influential cheerleaders, after Goldman Sachs chopped its near-term price forecasts in anticipation of a sharp slump in consumer spending and industrial activity as Europe’s energy crisis deepens.

Iron ore price down as China’s steel industry sounds alarm over crisis conditions

Mining News Pro - China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand.

Copper price up supported by pullback in the dollar

Mining News Pro - Copper prices climbed on Thursday after hitting a near 20-month low in the previous session, supported by a slight pullback in the US dollar.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
ahan o fulad golgohar