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Copper: prices under pressure due to weak demand
Copper prices remained under pressure as expectations of continued weak demand offset support from a weaker dollar, while trading remained cautious ahead of key US inflation data. Three-month copper on the London Metal Exchange settled at $8,561/mt (Italy time), down...
Aluminium: prices fall as LME faces Russian oversupply
Aluminium prices continued their slow decline, while remaining in a general sideways trend. After a 1.31% drop in April, prices fell a further 2.22% in the first week of May. However, despite the weakness, aluminium prices have not yet formed any lows, so a...
Copper: price holds steady as weak Chinese demand weighs on
Copper prices were largely unchanged as demand in China, a key consumer, remained weak and investors weighed global economic headwinds against low stocks of the metal. Three-month copper on the London Metal Exchange is up slightly (+0.44 percent) at $8,618/mt (Italy...
Copper: Argentina aims for the world top 10
Argentina is aiming to become a top 10 copper producer by 2030, with an investor-friendly attitude attracting global players such as Glencore and Lundin Mining to its mountainous north. The South American country has a pipeline of copper projects that could produce...