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Aluminum Prices Chase 2023 Highs

Aluminum Prices Chase 2023 Highs

Aluminum prices continue to rally,…

Metals / Commodities

China's Steel Market Tactics Under Scrutiny as Steel Demand Increases

Apr 24, 2024 at 09:19 | Metal Miner

Via Metal Miner New China tariffs may soon change the country’s steel market tactics. China continues to sit on a stockpile of steel,…

Trafigura: EVs, AI And Clean Energy to Massively Boost Copper Demand

Apr 23, 2024 at 18:26 | Alex Kimani

The electric vehicle, Artificial Intelligence (AI), power infrastructure and automation boom will drive at least 10 million metric tons of additional copper demand by 2035, Swiss multinational commodity trading company…

LME's Russian Metal Ban Reshapes Global Trade Dynamics

Apr 19, 2024 at 09:47 | Metal Miner

China will undoubtedly become an even more significant buyer of Russian metals following the London Metal Exchange’s ban on newly produced Russian aluminum, copper, and nickel. China has…

New Russian Sanctions Spark Metal Market Volatility

Apr 18, 2024 at 09:54 | Metal Miner

Via Metal Miner Copper prices continued their breakout during March, rising 4.25%. Prices then formed a second higher high on March 15, followed…

Aluminum Prices Chase 2023 Highs

Apr 17, 2024 at 09:19 | Metal Miner

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) remained sideways, with a 2.03% rise from March…

Strike Threatens To Halt Production at Key UK Steel Plant

Apr 16, 2024 at 08:15 | Metal Miner

Via Metal Miner   Tata Steel workers associated with the Unite Trade Union at Port Talbot recently voted to strike over plans to…

Manufacturing Boom Fuels Demand for Industrial Metals

Apr 11, 2024 at 09:29 | Metal Miner

Via Metal Miner Month-over-month, the Construction MMI (Monthly Metals Index) moved sideways for the fourth month in a…

Market Sentiment Shifts as Buyers Resist Steelmaker Price Increases

Apr 10, 2024 at 10:01 | Metal Miner

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.38% decline in…

Liberty Steel Unveils Ambitious Expansion Plans

Apr 09, 2024 at 09:05 | Metal Miner

Via Metal Miner Liberty Steel recently announced a restructuring plan for its operations in the United Kingdom after signing a new framework agreement…

Trafigura: AI Boom Could Spark a Copper Shortage

Apr 09, 2024 at 08:58 | City A.M

The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence. Speaking at the Financial…

Morgan Stanley Predicts Massive Investments in U.S. Metals and Mining

Apr 08, 2024 at 09:31 | ZeroHedge

Abandoning petrol-burning vehicles and adopting low-­carbon technologies to power tomorrow's economy are trends accelerating across the nation. To do this, access to rare earth metals, key ingredients in…

Stainless Steel Market Sees Mixed Signals Amid Falling Nickel Prices

Apr 08, 2024 at 09:27 | Metal Miner

Via Metal Miner Nickel prices continued to the upside during the first half of March, taking a momentary pause from…

Trade Disputes and Technological Advancements Impacting Rare Earth Market

Apr 05, 2024 at 09:10 | Metal Miner

Via Metal Miner Month over month, rare earth metals witnessed new price lows not seen since September 2020. While neodymium oxide and praseodymium…

The Next Gold Rush: Lithium Surge Creates New Investment Opportunities

Apr 03, 2024 at 08:48 | ZeroHedge

The U.S. doubled imports of lithium-ion batteries for the third consecutive year in 2022, and with EV demand growing yearly, U.S. lithium mines…

China's Iron and Steel Association Calls for Production Cut to Stabilize Market

Apr 03, 2024 at 08:32 | Metal Miner

The fear expressed by institutional analysts at the start of the year that 2024 will see some degree of volatility on the iron ore price front seems to…

Geopolitical Risk Looms Over Commodity Markets

Apr 02, 2024 at 09:40 | Metal Miner

Via Metal Miner The start of this year presented mixed signals for the global economy. Prices witnessed the continuation of a strong rally…

Green Transition Threatens Australia’s Iron Ore Dominance

Apr 01, 2024 at 08:48 | Metal Miner

Via Metal Miner Australia’s iron ore industry faces a major challenge, and if the country does not take corrective course action soon, it…

The Race to Mine the Ocean is Heating Up

Mar 28, 2024 at 10:13 | ZeroHedge

India has applied to the International Seabed Authority (ISA) for two new licenses to explore parts of the Indian Ocean sea bed for minerals crucial to the green energy transition.

Nickel Prices Expected to Drop Further in 2024

Mar 27, 2024 at 08:52 | Metal Miner

Via Metal Miner   Will there be a rebound in Chinese nickel purchases in 2024? Furthermore, will it serve to bolster the market…

Will China’s Economic Slowdown Stall the Aluminum Price Rally?

Mar 25, 2024 at 09:06 | Metal Miner

Via Metal Miner Aluminum prices remain entrenched within a sideways trend. Following a 2.78% month-over-month decline in February, prices retraced…

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