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Original Post By Stuart Burns China's aluminum output has been running flat out during the first quarter despite the coronavirus sweeping the country, Reuters reported today . China's aluminum production rose by 2.4% year over year in the first two months of 2020, Reuters advised,...
Doctor Copper is the red metal that is a building block for infrastructure around the globe. Copper has a long history as a barometer for the overall health and wellbeing of the worldwide economy. Since China is the leading consumer of the nonferrous metal, copper is often a proxy for economic...
Diversified global miners lead the rebound in European bourses, with Rio Tinto (NYSE: RIO ) +12.3% , BHP +13.3% , Glencore ( OTCPK:GLNCY ) +10.7% , Anglo American ( OTCPK:AAUKY ) +13.1% in London trade. More news on: Rio Tinto Group, BHP Group, Glencore plc, Commodities news, Stocks...
Copper fell to its lowest in more than three years after the U.S. imposed curbs on travel from Europe due to the coronavirus. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Commodities news, Stocks on the move, News on ETFs, Read more ...
The price of nickel rose to highs in 2019 as the world's leading producing nation, Indonesia, moved forward its mineral export ban of the metal to January 1, 2020. Source: Nickel production top countries 2019 - Statista While Indonesian output leads the world, the Philippines is the ...
The oil collapse is negative for aluminum prices and strongly raises the odds of the price touching $1,550/ton on the LME in the coming sessions, Harbor Intelligence says. More news on: Alcoa Corporation, Arconic Inc., Century Aluminum Company, Commodities news, Stocks on the move, News on...
The coronavirus outbreak has had the most visible effect on alumina supply , but the impact on aluminum smelting is not yet fully evident, Alcoa (NYSE: AA ) CEO Roy Harvey says. More news on: Alcoa Corporation, iPath Series B Bloomberg Aluminum Subindex Total Return ETN, iPath Series B B...
Original post By Stuart Burns Analysts are finding it hard to get a handle on what lies ahead for 2020 aluminum prices. On the one hand, some well-respected sources, like Capital Economics, are suggesting in a recent report that prices will rise by year-end on the back of stronge...
Original post By Stuart Burns Another victim of China's coronavirus epidemic could well be the iron ore price. Iron ore had a stellar 2019, reaching a five-year high of $125 per ton in July on the back of Vale SA's (VALE) Brumadinho mining dam disaster and Cyclone Veronica, which...
Freeport McMoRan (NYSE: FCX ) -4.3% pre-market as copper prices tumble to their weakest levels in nearly eight weeks on demand worries due to the spreading Chinese coronavirus. More news on: Freeport-McMoRan Inc., Alcoa Corporation, United States Steel Corporation, Commodities news, St...
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Aluminum is a silvery white metal with a myriad of useful properties that make it a necessary component in many of our everyday products. Given that, aluminum investing can offer exposure to growth in a number of market segments. The base metal is non-toxic, corrosion resi...
Aluminum is a silvery white metal with a list of positive properties that make it a useful and necessary component in many of the objects we use in our daily lives. It is non-toxic and corrosion resistant, it has high thermal conductivity and it is the most abundant metal in the Earth’...
Barclays Bank PLC (“Barclays” or the “Issuer”) announced a temporary reduction of the minimum early redemption size of certain series of ETNs as specified in the table below (together, the “ETNs”). Currently holders of the ETNs are required to redeem...