A drop of 3.4 percent made the US copper producer grade 102 price the biggest mover of the day on copper markets on May 3, 2012. US copper producer grade 110 prices weakened by 0.7 percent. This marked the fifth day in a row of declining prices and the drop-off has accelerated since April 27, [...]
US Copper Producer Grade 110 Price Moves Down 0.2 Percent US copper producer grade 110 saw a 0.2 percent drop on April 16, 2012, making it the biggest mover of the day. US copper producer grade 102 prices saw a 0.1 percent decline. The cash price of Japanese primary copper flattened at near $8,600 per [...]
by Lisa Reisman on April 12, 2012
Style: Industry News
Category: Ferrous Metals, Metal Prices, MetalMiner IndX, Non-ferrous Metals
Keywords: Aluminum, China, Coking Coal, Ferro Alloys, India, Iron Ore, Japan, LME, Nickel, Scrap Metal, Stainless Steel, Steel, USA
Chinese 304 Stainless Steel Scrap Prices Fall 3.7 Percent Chinese 304 stainless steel scrap saw the biggest price shift of the day in stainless prices, dropping 3.7 percent on April 11, 2012. For the fifth consecutive day, Chinese 304 stainless coil prices held flat near $3,000 per metric ton. Chinese 316 stainless coil prices saw [...]
by Lisa Reisman on April 12, 2012
Style: Industry News
Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals, Precious Metals
Keywords: Copper, Gold, India, Japan, LME, Palladium, Platinum, Precious Metals, Silver
US Copper Producer Grade 110 Price Collapses The price of US copper producer grade 110 saw the biggest price shift of the day, dropping 5.2 percent on April 11, 2012. US copper producer grade 102 prices saw a one percent decline. Following two days of dropping rates, the cash price of Japanese primary copper flattened [...]
Japan is facing an electricity crunch this summer, potentially so severe, that companies such as Komatsu, the world’s No. 2 maker of construction machinery, have said they will move factories overseas if electricity supply isn’t guaranteed. Bloomberg reports that all but one of Japan’s 54 reactors are now offline after the March 11 earthquake and [...]
These rare earths look more heavy than light…Source: treehugger.com Rare earth metals are once again the leading contenders for Sexiest Metals Category in the World Award, as news of the world’s heavies — the US, China, the EU and Japan — conducting a war of words through the WTO proliferated the mainstream. So how will [...]
by Taras Berezowsky on March 14, 2012
Style: Commentary
Category: Exports, Global Trade, Minor Metals, Public Policy
Keywords: China, European Union, Japan, Molybdenum, Rare Earth Metals, Tungsten, USA
Here we go: China’s the bad guy — again. As if recent economic outlook reports for China’s domestic economy haven’t stirred the pot enough, now the country is dealing with the United States, the European Union and Japan banding together to bring WTO action against its restrictions on rare earth metal exports. The rare earths [...]
We regularly cover the macroeconomic situations in the major trading blocks — Europe’s debt crisis has added significant weight to the relevance of covering the world’s largest internal market, but even so, events in Europe, North America and India/China have a real impact on both metal demand and risk appetite, two major drivers of metal [...]