Base metal consumption falls
The extent to which the world has changed since the events of Sept. 11 was made more clear when the base metals industry gathered for LME Week (Oct. 22-26), a major event in the metals calendar year. …
The extent to which the world has changed since the events of Sept. 11 was made more clear when the base metals industry gathered for LME Week (Oct. 22-26), a major event in the metals calendar year. …
The flagship commodities of the London Metals Exchange (LME) performed poorly Oct. 8-12, with copper and aluminum shedding 0.6% and 1.6%, respectively, of their average cash price value. Elsewhere, ho…
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.75-9.00/lb.Copper: Comex Dec. US$0.644/lb.
Uncertainty over the global economic outlook continued to dampen consumer buying interest during the report period Oct. 1-5, resulting in another dull week for base metals markets. Prices continued to…
Metals prices turned in another poor performance during the report period Sept. 24-28 as fears over the global economic outlook intensified. Of the major London Metal Exchange metals, nickel and zinc …
Vancouver — Canada’s junior exchange posted modest gains on all indices amid a high volume of trading. The Canadian Venture Exchange composite index closed the week ended Oct. 2 up 58.26 points, or 2…
It now seems a long time ago that market commentators debated whether a recovery was to take place this year or next; it seems a long time ago when each piece of economic data out of the U.S. was eage…
After another poor week, base metals markets ended back at their recent lows and have now given back almost all of the gains made in August’s second half rally.Nickel has fared worst of all, cementing…
Antimony: Mid-mkt US$1,100/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.85-10.25/lb.Copper: Comex Dec. US$0.657/lb.
After rallying in the first few weeks of August, the major base metals markets gave up a substantial portion of their gains in the period Aug. 27-31. Long liquidation, accompanied by some fresh commod…
Base metals markets enjoyed a second good week during the Aug. 20-24 period, with most managing to at least hang on to the gains made late the previous week.Nickel was the strongest performer, as the …
During the report period Aug. 13-17, the base metals complex put in its strongest performance since late May, which suggests that the long downtrend in prices may be turning at last.Because the bulk o…
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