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Industrial metals

Copper under pressure from tariffs

Copper under pressure from tariffs

Published 11 Mar, 2025 07:12am
LONDON: Copper prices slipped on Monday as the market focused on the negative consequences for global economic ...
Copper drifts lower

Copper drifts lower

Published 04 Oct, 2023 06:20am
LONDON: Copper prices fell to four-month lows on Tuesday as expectations of further rises in exchange inventories ...
LME to announce open outcry ring decision in early June

LME to announce open outcry ring decision in early June

Published 30 Apr, 2021 06:23pm
  • The exchange, the world's oldest and largest market for industrial metals, announced a proposal in January to move to full electronic trading and held a consultation.
  • "The LME received an unprecedented volume of feedback ... with 192 individual responses," it said.
Copper prices slide

Copper prices slide

Published 30 Mar, 2021 05:45am
LONDON: Copper prices slid on Monday as worries about higher freight costs receded after a container ship blocking...
Nickel collapse triggers slide across industrial metals

Nickel collapse triggers slide across industrial metals

Updated 04 Mar, 2021 09:51pm
  • Benchmark copper on the London Metal Exchange (LME), which hit a 10-year high of $9,617 a tonne last week, was on track for its worst day since October as it lost 4.2% to $8,720.
  • Nickel, meanwhile, tumbled for a second day. Having reached a seven-year high of $20,110 last week, it traded at $16,175 a tonne, down 7.1% and set for its biggest one-day loss since 2016.
Worry about Indonesian supplies fuel nickel's surge

Worry about Indonesian supplies fuel nickel's surge

Published 04 Jan, 2021 06:03pm
  • Benchmark nickel on the London Metal Exchange was up 4.9% at $17,425 a tonne.
  • Earthquakes in Indonesia triggered nickel buying, but it's a knee-jerk reaction and I'm not sure these levels can be sustained as production hasn't really been affected.
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