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The LME exchange may never return to its former glory
After 146 years and more, the LME is still the benchmark for nickel prices. However, volumes have plummeted since the LME nickel debacle in March 2022. In fact, the problems no longer affect only nickel, but the entire spectrum of non-ferrous metals. The suspension of...
Copper: prices settling near recent highs
Copper prices are settling near recent highs recorded on 18 January. At the moment (09:05 GMT+1) copper prices stand at $9,328/mt, down slightly by 0.07% from the previous day's close. However, prices remain supported by prospects for improving demand in China, the...
HRC steel: market in waiting phase
After some buying activity in the wake of price increases, the north-western European HRC coils market has apparently entered a waiting period, with a slowdown in transaction activity. Observers' opinions differ. ArcelorMittal's announcement in January of a base price...
Base metals: Indonesian FDI increases in 2022 driven by ore processing
Indonesia's foreign direct investment (FDI) increased 44.2 per cent year-on-year in 2022, with the base metals and mining sectors receiving the largest inflows, according to Ministry of Investment data released on Tuesday. Last year, Indonesia received 654.4 trillion...