Loading
Iron ore: Vale says China cannot control its price
China may be the world's biggest buyer of iron ore, but even this position of power does not mean that Beijing can dictate prices of the ingredient for steel production, said the CEO of second largest producer Vale SA. Vale CEO Eduardo Bartolomeo's comments come as...
German Chancellor announces the launch of a new club to help global energy-intensive industries
Germany is extremely active on the issues of green energy production or the transition to renewable energy. Olaf Scholz, who replaced Angela Merkel as German Chancellor, declared on 1 December the introduction of a global club to help interested nations invest in and...
Copper: rally cools as markets assess Fed rate cuts
Copper, zinc and nickel fell, while industrial metals reversed some of the gains that had been driven by the Federal Reserve's optimism that it was approaching a rate cut. LME copper futures touched near four-month highs after comments by Fed Chairman Jerome Powell...
Nickel: Chinese producers in Indonesia are threatened by falling prices
The nickel rush led by Chinese mining companies in Indonesia over the past decade may come to a halt as falling prices for the metal used in steel production make processing the material in the Southeast Asian country less attractive to China-based producers. In...