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.

Iron ore price down as China’s covid

Mining News Pro - The iron ore price fell on Thursday pressured by worries over fresh covid-19 restrictions and property sector troubles in China squeezing demand for ferrous metals.

Copper price falls on demand worries in China

Mining News Pro - The copper price fell on Monday as worries about demand in China surfaced due to weak economic data and a firmer dollar.

Iron ore price falls as traders weigh demand prospects in China

Mining News Pro - The iron ore price fell on Friday as traders weighed demand prospects in China.

Copper price up as Chinese imports rise

Mining News Pro - The copper price rose on Wednesday as improving demand prospects due to stronger than expected data from the United States and China were reinforced by a lower dollar.

Iron ore price rises on improved China steel margins

Mining News Pro - Iron ore prices rose on Monday, extending their gains as improved steelmakers’ margins in China encouraged mills to gradually restart idled blast furnaces and boost imports of the steelmaking ingredient.

Iron ore price falls as property crisis threatens to drag down steel industry

Mining News Pro - The iron ore price fell on Wednesday as a crisis engulfing property developers in China outweighed improving margins at mills.

Copper price rises on supply risks and softening dollar

Mining News Pro - Copper price rose on Tuesday, as supply risks flagged by major producers offset demand concerns, while a softening dollar made the metal cheaper for holders of other currencies.

Copper price rises as risk appetite returns

Mining News Pro - Copper prices were up on Friday as investors returned to riskier assets following a brutal sell-off.

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.

Copper price rebounds despite weak economic activity in China

Mining News Pro - The copper price rose on Friday despite growing concerns that the world economy is headed for recession.

Collapsing metal inventories clash with plunging prices

Mining News Pro - London Metal Exchange (LME) stocks are rapidly dwindling.

Iron ore price rebounds as China’s exports grow

Mining News Pro - The iron ore price rebounded on Wednesday after data showed China’s exports grew at a faster-than-expected pace in June.

Goldman goes cold on copper price

Mining News Pro - The copper price has lost one of its most influential cheerleaders, after Goldman Sachs chopped its near-term price forecasts in anticipation of a sharp slump in consumer spending and industrial activity as Europe’s energy crisis deepens.

Iron ore price down as China’s steel industry sounds alarm over crisis conditions

Mining News Pro - China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand.

Copper price up supported by pullback in the dollar

Mining News Pro - Copper prices climbed on Thursday after hitting a near 20-month low in the previous session, supported by a slight pullback in the US dollar.

Copper price lowest since November 2020 on economic slowdown worries

Mining News Pro - Copper prices extended a decline on Tuesday as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.

Phoenix Copper launches novel bond linked to copper price

London-listed mining company Phoenix Copper is due to launch up to $80 million of bonds linked to the copper price this week, targeting investors bullish on the long-term outlook for the metal despite a recent downtrend, the chairman said.

Copper price heads for biggest quarterly plunge since 2011

Mining News Pro - Copper prices are down almost 20% in the second quarter, the biggest quarterly fall since 2011, after covid lockdowns in China and slowing economic growth curtailed demand.

Copper price crushed as funds turn negative on recession fears

Mining News Pro - Copper prices collapsed to a 16-month low last week amid mounting concerns that inflationary pressures in western economies will morph into outright recession.

Copper price rises as looming strike in Chile adds to supply worries

Mining News Pro - The copper price rose on Tuesday on concerns about an expected strike in top producer Chile.

High-flying tin price takes a tumble as tightness eases

Mining News Pro - The price of tin has crashed over the last few days.

Iron ore price down on new China lockdown worries

Mining News Pro - The iron ore price fell on Friday on renewed concerns over demand in China, where fresh covid-19 alerts threaten to derail the economy’s reopening and steel margins have come under pressure.

Gold price wanes in run-up to US inflation data release

Mining News Pro - Gold prices retreated on Thursday as elevated Treasury yields and a firm dollar dimmed its appeal in the run-up to the latest US inflation data, which could strengthen the Federal Reserve’s case for aggressive policy tightening.

Iron ore price slips as Chinese steelmakers face margin pressure

Mining News Pro - The iron ore price fell on Wednesday as reduced profitability at Chinese steel mills following a recent rally in prices of steelmaking ingredients weighed on sentiment.

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