Tag: Copper

Copper MMI: Copper Prices Trapped in Sideways Trend as Inventories Triple

Copper MMI: Copper Prices Trapped in Sideways Trend as Inventories Triple AdobeStock 596197424

The Copper Monthly Metals Index (MMI) moved sideways from August to September, dropping just 1.36%. Copper prices continue to trade sideways within a tight range. Amid a lack of bullish […]

China’s Imports of Refined Copper Hit Four-Year Low

China’s Imports of Refined Copper Hit Four-Year Low Screenshot-2023-08-17-at-1.40.53-PM

In the first half of 2023, China’s intake of refined copper saw the biggest drop in four years. The news underscores the current deceleration of the nation’s manufacturing sphere. China […]

Copper MMI: Copper Prices Edge Upward As Investment Funds Increase Bullish Bets

Copper MMI: Copper Prices Edge Upward As Investment Funds Increase Bullish Bets Copper wire raw materials recycling industries

The Copper Monthly Metals Index (MMI) rose 3.79% from July to August. Copper prices started to show uncertainty last month amid an absence of directional strength. A lack of bullish […]

Demand for Copper Tempered by Innovations in the EV Market

Demand for Copper Tempered by Innovations in the EV Market fsg

Two firms, Goldman Sachs & Consultancy CRU Group, recently revised their forecasts for copper usage in electric vehicles (EVs). Indeed CRU Group now predicts that the average EV will use between […]

Copper MMI: Current Copper Prices Sideways on Weak Manufacturing

Copper MMI: Current Copper Prices Sideways on Weak Manufacturing Copper smelting at a metallurgical plant

The Copper Monthly Metals Index (MMI) moved sideways, increasing by a modest 1.09% from June to July. Copper prices appear sideways after last month’s rally faltered. After June 22, prices […]

Metal Manufacturing News: Glencore Proposes Merger with Canada’s Teck Resources

Metal Manufacturing News: Glencore Proposes Merger with Canada’s Teck Resources adobestock_515692710_editorial_use_only

On April 3, multinational commodity trader and mining group Glencore announced its proposal for a merger with Canada’s Teck Resources. Estimates say the metal manufacturing merger could potentially create $4.25-5.25 […]

Rio Tinto Selling Stake in Peru’s La Granja Copper Mining Project

Rio Tinto Selling Stake in Peru’s La Granja Copper Mining Project screenshot-2023-04-04-at-1-55-21-pm

Rio Tinto Group recently agreed to sell a 55% majority stake in its La Granja copper project in Peru to First Quantum Minerals Ltd. The deal involves the First Quantum […]

Scroll to Top