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The metals community continues to expect new stimulus measures from Chinese leaders
Investors, traders and the metals community continue to anticipate new stimulus measures from China's leaders, which could boost economic growth, increase metal consumption and influence metal prices. However, they remain rather disappointed with the 5% growth target...
Copper: Antofagasta gets $2.5 billion for Centinela mine expansion
Chilean company Antofagasta has obtained $2.5 billion to finance a second plant at its Centinela copper mine in the north of the country, which will add 144,000 tonnes per year to the company's overall production. The company said it has signed definitive agreements...
Stainless steel: the market shows a recovery
Nickel prices reversed their trend in February, rising 8.71% month-on-month. After a 3.53% increase in the first weeks of March, prices appeared to stabilise after reaching at least a short-term peak on 13 March. Distributors notice a slight recovery in Q1 The...
Copper: prices hit new 11-month high with global rate policy in focus
Copper touched a new 11-month high in London, following the rally in US equity markets at the start of a busy week for global central bank policy. Prices rose as high as $9,164.50 a tonne on the London Metal Exchange, recovering earlier losses after mixed economic...