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Tin: why prices keep falling
Tin prices have fallen recently, with the LME Cash price dropping more than $2,000/tonne since Monday 25 September. Looking back only to late July, when prices were above $28,600/tonne, the drop appears even more dramatic. It was not so long ago that tin prices...
EU plans anti-subsidy investigation into Chinese steel producers
The European Union (EU) is planning to announce anti-subsidy investigations against Chinese steel producers during a summit with the United States this month. Brussels has reportedly agreed to join Washington's efforts to protect industries from low-cost competition....
Global demand for iron ore will decline over the next 10 years due to falling consumption in China
Scottish energy research and consultancy firm Wood Mackenzie predicts that global demand for iron ore will decrease by 62m tonnes, or 3%, over the next 10 years due to reduced demand in China. As a result, mining investment will fall by 35% by 2033. China's iron ore...
Nickel: LME seeks to overcome crisis as traders return
The chief executive officer (Matthew Chamberlain) of the London Metal Exchange (LME) says he is optimistic that the exchange is beginning to overcome the nickel crisis that threatened to sink it. It has been a turbulent 19 months since Matthew Chamberlain reacted to a...