Tag: Copper

Week in Review: MMI Week; housing starts; price support for zinc, copper, lead

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This week, we wrapped up our Monthly Metals Index (MMI) series for the month, including coverage of the renewables sector, stainless steel surcharges and steel demand in China. Furthermore, MetalMiner’s Stuart Burns delved into supply-side impacts on lead, copper and zinc. In other economic indicators, U.S. housing starts surged in July — a bright spot […]

This Morning in Metals: EVRAZ to move ahead with $500M Colorado steel plant expansion

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This morning in metals news: EVRAZ will expand its Pueblo, Colorado plant to the tune of approximately $500 million; copper prices surged yesterday; and the Department of Commerce made a preliminary determination in its countervailing subsidy probe of small vertical engine imports from China. We’re offering timely emails with exclusive analyst commentary and some best […]

This Morning in Metals: Pressure rises on Thyssenkrupp’s steel business

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This morning in metals news: Thyssenkrupp’s steel unit is facing heavy losses this year; zinc prices have gained despite elevated stocks; and copper dipped Thursday. Thyssenkrupp faces major losses Thyssenkrupp, which last year left Germany’s DAX index, faces a potential 1 billion euros in losses this year, Reuters reported. Earlier this year, the German firm […]

Copper MMI: Copper prices trend sideways

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Copper MMI: Copper prices trend sideways

The Copper Monthly Metals Index (MMI) increased 5.4% for this month’s MMI reading. LME copper prices increased through the first half of July and have traded sideways since mid-July. However, the price remains well above $6,000/mt. Chinese demand remains strong and market sentiment remains positive. Want an occasional email from MetalMiner that highlights new content […]

This Morning in Metals: Gold price rises to all-time high

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This morning in metals news: the gold price has surged to an all-time high; China is eyeing changes to its steep capacity swap rules; and Northern Dynasty Minerals has received an environmental impact study for its Pebble copper-gold-molybdenum project in Alaska.

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