Copper price slips as Chinese demand outlook comes into focus
Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand conditions in China.
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Copper price rallies amid rising optimism on Chinese economic outlook
Copper rallied back above $9,000 a ton as investors weighed upbeat factory data from top consumer China and the potential for output cuts by the country’s leading smelters.
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Iron ore price slides as rising stocks, weak steel margins blur demand outlook
Iron ore futures prices slipped on Monday, as traders took a cautious stance after rising stocks and weak steel margins counteracted with hopes that demand will pick up in top consumer China following a week-long Lunar New Year holiday break.
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Iron ore price consolidates as traders ponder demand outlook
Iron ore futures were in a tight range on Monday, with the Dalian benchmark ticking up and Singapore prices receding, as investors pondered the demand outlook in the absence of an expected monetary easing in top consumer China.
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Dalian iron ore soars on stimulus anticipation, strong demand outlook
Mining News Pro - Iron ore futures rose on Tuesday, driven by hopes of economic stimulus measures aimed at bolstering the Chinese economy and anticipation of robust demand.
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Visit: 102
Rio Tinto aims to add more iron ore with stronger China outlook
Mining News Pro - Rio Tinto Group, the world’s no. 2 miner, will aim to boost iron ore output with a stronger outlook in China and as urbanization in India and across parts of Asia drives new steel demand growth.
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Visit: 145
Slumping lithium prices signal angst over China’s demand outlook
Mining News Pro - Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries.
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Vale says China property outlook is more encouraging
Mining News Pro - No. 2 iron ore miner Vale SA said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.
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Silver Lake eyes worst day in eight years as sales outlook disappoints
Mining News Pro - Silver Lake Resources (SLR) is set for its worst session in eight years on Monday as record annual output failed to make up for an unflattering sales outlook.
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Visit: 208
Botswana mining growth seen flat amid dim diamond outlook
Mining News Pro - Botswana expects output from its mining sector to be flat this year, as the diamond industry loses its sparkle due to a contraction in consumer spending and weaker demand for diamond jewellery, a finance ministry official said on Wednesday.
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Iron ore price jumps on China data, bullish steel demand outlook
Mining News Pro - Iron ore futures jumped on Wednesday, as better-than-expected China manufacturing activity data raised hopes for a demand rebound in the world’s top steel producer.
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China’s metal factories cut production on poor outlook
Mining News Pro - Shrinking orders at home and abroad are forcing many metal goods factories in China’s southern Guangdong province to shut for the Lunar New Year holiday weeks earlier than usual, while some are also cutting production plans next year, producers said.
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World Gold Council sees positive 2023 outlook for gold amidst global uncertainty
Mining News Pro - Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the World Gold Council states in its Gold Outlook 2023: The global economy at a crossroads.
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US Scrap Trends Outlook
Mining News Pro - Monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead.
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Visit: 263
Iron ore price outlook clouded by global demand woes, supply risks
Mining News Pro - Iron ore prices are on track to end 2022 at their lowest in the last three or four years and will probably languish next year as well, with China and Europe cutting steel output, while pressure mounts from additional supply.
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Visit: 545
Iron ore price outlook clouded by global demand woes, supply risks
Mining News Pro - Iron ore prices are on track to end 2022 at their lowest in the last three or four years and will probably languish next year as well, with China and Europe cutting steel output, while pressure mounts from additional supply.
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Visit: 435
EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims
Mining News Pro - The UK’s push to develop a homegrown electric-vehicle battery giant is under threat as three-year-old Britishvolt Ltd. discusses a sale of its main factory site, according to people familiar with the matter.
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Visit: 506
Aluminum price lowest since April 2021 on strong dollar and demand outlook
Mining News Pro - The aluminum price sank to the lowest since April 2021 on Wednesday as faltering global economic growth weakened the outlook for demand and boosted the dollar.
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Visit: 567
Copper price down as growth outlook deteriorates
Mining News Pro - Copper prices fell on Tuesday as worries about demand in China and elsewhere due to a slowdown in growth were reinforced by rising inventories, while a lower US dollar provided some support.
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Visit: 669
Iron ore price tumbles as China’s demand outlook darkens
Mining News Pro - Iron ore prices tumbled on Monday, weighed by a gloomy demand outlook in China, where many steel mills are nursing losses and cutting production.
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Visit: 423
Iron ore price sinks amid growing pessimism over demand outlook in China
Mining News Pro - The iron ore price plunged more than 8% on Monday as steel mills idled blast furnaces amid growing pessimism over the demand outlook in China.
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Visit: 543
Copper’s outlook under threat as economic risks pile up
Mining News Pro - Copper is under assault from various risks that threaten to undermine the prospects of the key metal needed to wean the world off of fossil fuels, according to CRU Group’s Vanessa Davidson.
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Aluminum deals on hold, show growing concerns over price outlook
Mining News Pro - Annual US aluminum sales contract talks are starting later than usual this year as buyers hold off in the hope that further price declines will enable to them to get better terms.
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Visit: 521
Dividend payouts hit first quarter record, but outlook rocky
Mining News Pro - Mining and oil firms led an 11% jump in dividend payouts to a first-quarter record of $302.5 billion, according to a closely-watched global report, though it warned companies face a growing number of challenges in the months ahead.
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Visit: 571
Copper, iron ore yet to reflect China’s weakening industrial outlook
Mining News Pro - The slump in China’s main manufacturing sentiment index has yet to be fully reflected in prices for key metals, which remain well above levels seen during previous bouts of weakness in the industrial sector of the world’s second-largest economy.
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Visit: 360