The European Union has extended for five years minimum prices for electrical steel from China, Japan, Russia, South Korea and the United States on the basis that producers would otherwise dump it on the…
France’s main aluminium smelter is not planning to adjust output further after recent cuts as it waits for government relief measures on electricity prices to take effect, a spokesperson for the site…
Soaring electricity prices in Europe have triggered cuts in energy-intensive production of aluminium. Out of Europe’s total aluminium capacity of 4.5 million tonnes, Bank of America reckons about 650,000…
Gold prices held a tight range on Thursday as investors waited for more economic cues and clarity on the Federal Reserve’s interest rate hike trajectory, but a retreat in the dollar kept bullion close…
Nickel prices surged to their highest in a decade on Wednesday as investors bet automakers will have to scramble to secure supplies for their electric vehicle batteries as inventories dwindle.
Gold prices retreated on Wednesday ahead of U.S. inflation data that could provide further direction on U.S. monetary policy after comments from the Federal Reserve Chair lifted bullion in the last session.
Chinese stainless steel futures surged more than 5% on Tuesday, boosted by tight supply concerns as producers cut production, while strong raw material prices also offered support.
Costs of aluminium for European consumers are scaling record highs due to soaring energy costs and production cuts, which have exacerbated deficits of the metal used in the power, construction and packaging…
Nickel prices held near their highest in more than two months on Monday boosted by demand from the electric vehicle battery sector lowering stocks held in London Metal Exchange (LME) approved warehouses.
Global copper smelting activity was steady in December, as a slowdown in China was offset by gains elsewhere, including other parts of Asia and North America, data from satellite surveillance of copper…
