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Copper demand to boom as new technology drives power consumption, Trafigura says
22,2024 12:00 PM
Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10 million metric tons of additional copper consumption over the next decade, commodity trader Trafigura told Reuters.
Metal News
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Global steel demand to return to growth in 2024, says World Steel
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Global steel demand to return to growth in 2024, says World Steel
United States April 09,2024 08:00 AM
Global steel demand is expected to rise by 1.7% to 1.793 billion metric tons in 2024 and to increase further in 2025, the…
Gold bulls eye more record highs despite lightning gains
United States April 05,2024 08:00 AM
An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew…
Gold plows to record high after Powell's remarks
United States April 03,2024 09:00 AM
Gold prices raced to a record high yet again on Wednesday, after Federal Reserve Chair Jerome Powell reiterated that recent…
Gold pares gains as higher US dollar, bond yields weigh
United States April 01,2024 08:00 AM
Gold prices pared gains on Monday as the dollar and bond yields rose, after the bullion surged to a fresh record high on…
Gold hits record highs on safe-haven demand, US rate cut bets
United States March 28,2024 08:00 AM
Gold prices hit a record high on Thursday, and logged their best month in over three years, propelled by U.S. interest rate…
Gold climbs as investors look ahead to key US inflation data
United States March 27,2024 08:00 AM
Gold prices gained on Wednesday, as investors awaited a key U.S. inflation data later this week, which could provide more…
Gold advances as rate cut bets firm ahead of US inflation test
United States March 26,2024 08:00 AM
Gold prices climbed on Tuesday, as expectations of interest rate cuts by the U.S. Federal Reserve firmed, while investors…
America's lithium laws fail to keep pace with rapid development
United States March 25,2024 08:00 AM
Washington's drive to make the United States a major global lithium producer is being held back by a confusing mix of state…
Congo overtakes Peru on copper output, still behind on exports
United States March 22,2024 07:00 AM
The Democratic Republic of the Congo overtook Peru as the world's second largest copper producer in 2023, though it still…
Gold hits fifth record high in March on Fed rate-cut view
United States March 21,2024 08:00 AM
Gold prices on Thursday hit record peaks for the fifth time this month after the U.S. Federal Reserve anticipated three…
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