Home / Metals / Raw materials

Category Archives: Raw materials

Feed Subscription

Raw materials News

Nickel loses its electric car fizz, realises it’s still a steel play

The nickel market is learning that there is a difference in believing you are the next big thing in battery metals and the reality that you are actually still beholden to the Chinese steel sector. Nickel was one of the ...

Read More »

Copper, nickel slip back towards multi-week lows

London nickel and copper futures edged back towards multi-week lows on Thursday, reflecting investor worries over a recent spate of data that showed China’s economy cooled in October. “The weak economic data in China earlier this week has sparked some ...

Read More »

Iron ore futures are getting smoked

Iron ore spot markets popped higher on Tuesday, benefiting from strength in Chinese steel prices. According to Metal Bulletin, the price for benchmark 62% fines jumped 1.6% to $63.17 a tonne, leaving it at the highest level since November 6. ...

Read More »

The iron ore contango: Why now?

The iron ore forward curve has made history in November by recording the longest period of contango* in its brief existence. On November 1, Platts assessed The Steel Index 62% Fe CFR China swaps in contango from the December strip ...

Read More »

Copper Traders Are Making High-Flying Bets About the Future of the Metal

The frenzy in the copper market is luring traders to take high-flying bets that prices are headed back toward a record. Call options wagering on copper climbing above $10,000 a metric ton by December 2018 have started trading during the ...

Read More »

Global nickel market seen in third year of deficit in 2018

Global demand for nickel is expected to outstrip supply for a third year running in 2018, as demand from the stainless steel industry expands and production of nickel-containing batteries grows, the International Nickel Study Group said. Global demand for nickel ...

Read More »

METALS-Tight supplies propel zinc prices to highest since 2007

Zinc prices hit their highest in more than 10 years on Wednesday as tight supplies created by mine closures and healthy demand from top consumer China boosted the market. Benchmark zinc on the London Metal Exchange ended up 1.2 percent ...

Read More »

China iron ore makes biggest monthly drop since May 2016 as demand concerns rise

China iron ore futures made their biggest monthly decline since May 2016 amid increasing concerns about demand as government inspections have curtailed steel production and ample inventories. The Dalian Commodity Exchange’s most-traded iron ore contract, for January delivery, closed down ...

Read More »

Global demand surge put graphite electrode prices on fire

Shares of graphite electrode manufacturers including HEG and Graphite India have doubled in the past three months following a sharp 300% jump in global electrode prices. The momentum in these stocks is likely to continue given the sudden surge in ...

Read More »

China iron ore concentrates price up 2.2% to four-month high

The Chinese domestic price of iron ore concentrates rose by another Yuan 15/dry metric ton ($2.30/dmt), or 2.2%, on the week, the highest level since April 7, with domestic suppliers hopeful for a firm market in September, market sources said. ...

Read More »
Scroll To Top