Loading
LME Scrap Future: Increased Volumes and Forecast Recovery
Scrap Future contracts saw a surge in trading volumes, rising from 117,340 tonnes in the week ending 7 November to 199,320 tonnes in the following week ending 14 November. This increase shows renewed interest from traders, despite a weekly drop in the spot price of...
Gold: A Brilliant 2025 on the Horizon? Goldman Sachs Predicts New Records Thanks to Rising Bank Demand and US Rate Cuts
Goldman Sachs launches an exciting forecast for the gold market: the precious metal could reach a record high of $3,000 an ounce by December 2025. In a report signed by Daan Struyven and his team, Goldman ranked gold as one of the best commodity investments for 2025....
China Revises Export Tax Policies: New Changes to Tax Benefits
China's Ministry of Finance announced on Friday that it will reduce or cancel export tax concessions on a wide range of products as of 1 December, a change that will have a significant impact on international trade. China, the world's largest exporter of many goods,...
Boliden Toward Acquisition of Two European Mines from Lundin Mining: Strategic Opportunities for the Zinc Market
Sweden's Boliden AB is nearing the closing of a major deal to acquire two European mines owned by Canada's Lundin Mining Corp. according to sources close to the negotiations. The two companies are in advanced stages of negotiations, but there is still no certainty of...