As the World Bureau of Metal Statistics (WBMS) will tell you, the global aluminum market reached a surplus of 1,603 kt in the January to September 2020 period.
Great Lakes steel production fell by 15,000 tons last week and remains depressed by nearly 19% this year, according to the American Iron and Steel Institute.
Canada’s main stock index traded flat on Thursday, hovering around nine-month highs as declines in energy stocks were offset by gains in major technology and mining players, while a U.S. market holiday…
London copper climbed on Wednesday to its highest in nearly seven years, as U.S. political stability, COVID-19 vaccine developments and China demand boosted investor confidence.
Copper prices hit an almost 30-month high on Tuesday with fresh buying triggered by optimism about COVID vaccines, expectations of robust demand in top consumer China and a weaker dollar.
JPMorgan has earned record revenue of around $1 billion so far this year from trading, storing and financing precious metals, vastly outperforming rival banks, two sources familiar with the matter told…
INE bonded copper closes down 1.2% on 47,090 yuan/tonne. Jiangxi Copper, Minmetals among first firms to trade - INE. Trading volume around one-ninth of ShFE copper contract. Market makers include CITIC…
Copper edged lower on Wednesday as concerns grew over rising COVID-19 cases worldwide that have prompted fresh lockdowns in the United States and Europe, dampening hopes of a swift global economic recovery…
