Loading
Metals: Indonesian exports could reach $300 billion by 2024
Indonesian exports could reach a record $280 billion this year, with a sharp increase in nickel-based steel shipments after the country banned nickel ore exports, while shipments of other raw materials received a boost from high prices. Exports could increase further...
Copper: Chinese imports rise in September thanks to infrastructure spending
Copper imports to China in September increased 25.6 percent year-on-year, with demand expected to grow thanks to increased infrastructure spending by local governments to offset the slowdown in metal consumption in the world's leading country. According to the General...
Iron ore: ArcelorMittal’s refining hampered by war in Ukraine
Russian forces continue to launch missile attacks against Ukraine's cities and energy networks. So far, the destruction has prompted at least one steel mill and one iron ore producer to reduce their production levels. Longtime integrated producer ArcelorMittal Kriviy...
Aluminum: prices flex as Fed tightening portends weaker economy
Aluminum prices are set to end the week down nearly 6 percent (€/bloomberg quotes) and -3.89 percent on 8 p.m. dollar closings, as fears of a rapid rise in U.S. interest rates dampened economic growth prospects and demand for metals. Stock markets fell, U.S. 10-year...