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Zinc and lead: world production and consumption
According to preliminary data recently compiled by the ILZSG, the global refined zinc metal market recorded a surplus of 138kt in the first four months of 2023, with total stocks reported to have increased by 58kt. Global zinc mining production increased by a marginal...
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...
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...