Platinum: the precious metal faces its biggest deficit in years
Rising demand from carmakers, industry and investors will push the global platinum market into its biggest deficit in years. This is the emerging change in the fortunes of platinum and its sister metal, palladium, both of which are mainly used in vehicle exhausts to...
Copper: prices underwhelming as activity data in China show uneven recovery
Copper prices remained subdued during Asian trading on Tuesday after China's April industrial production and retail sales growth missed analysts' forecasts, underscoring signs of a patchy economic recovery for the world's largest metals consumer. Three-month copper on...
Qianhai Stock Exchange expects contracts for battery metals and green aluminium
China's Qianhai Mercantile Exchange (QME) is planning to launch contracts on lithium carbonate, nickel sulphate and cobalt; one of the three contracts could be launched this year. The QME is also considering launching a physical contract on low-carbon aluminium, the...
Sanctions imposed on Russian shareholders of Ukrainian Zaporizhstal
Ukrainian President Volodymyr Zelenski signed the decree sanctioning 41 individuals and organisations that expressed Russia's interest in the Ukrainian steelmaker Zaporizhstal. According to the official statement, the sanctions against the Zaporizhstal steel plant...
Loading