HRC steel and nickel: downward trends
Over the past two weeks, metal prices have shown an increasingly bearish movement in the short term. HRC continues to fall, while nickel is under strong downward pressure. But if prices can continue to fall in the short term, can the long-term trend continue? Nickel...
Copper: gloomy demand outlook weighs on prices
Copper prices fell on Tuesday, 4 July, due to weak manufacturing data that indicated a poor demand outlook, including from major consumer China, although falling inventories suggested a tighter market. The three-month benchmark copper on the London Metal Exchange...
HRC steel: high probability of a price increase by north-western European mills
Steel mills in northwestern Europe are expected to increase coil (HRC) offers in the week beginning 3 July, following the announcement of an increase in offers by Italian mills. Market participants believe that when coil prices bottomed out in Europe, more buyers...
Los Andes Copper evaluates financing options for Chilean project
Ltd., a mineral exploration company, is evaluating options for financing the development of a deposit it owns in Chile, including the potential sale of the asset or the company. The Vancouver-based company is working with consultants to study strategic options for the...
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