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Lead: price rises as stocks in warehouses fall
Lead prices touched a seven-week high on Thursday, thanks to plunging inventories amid concerns about smelter closures. 3M lead gained as much as 2.8 percent to $2,093.50 a ton, the highest since Aug. 18, before pared gains and traded up 0.86 percent at 17:15 GMT+2....
Copper and zinc: prices rise due to LME restrictions on UMMC deliveries
Zinc and copper prices are rebounding after the London Metal Exchange imposed conditions on new metal deliveries by Russia's Ural Mining & Metallurgical Co and one of its subsidiaries. Other metals also rose, buoyed by hopes of improved demand from top consumer...
Copper: prices near important short-term resistance
London's benchmark copper prices stabilized Wednesday amid uncertain trade, with the dollar settling after the previous day's sharp losses, while speculation that China, the metal's main consumer, may soon ease its zero-COVID policy provided some support. As of 09:32...
Copper: Wieland will increase smelting capacity in Germany
German copper and alloy semi-finished products company Wieland said it plans to invest 80 million euros ($79.7 million) in a copper scrap melting plant to be located at its current plant in Vöhringen, Germany. The addition of about 80,000 tons of annual recycling...