Copper price extends recovery on China’s efforts to tame housing woes
A growing number of home buyers across China threatened to stop making mortgage payments for stalled property projects.
MINING.COM Staff Writer
Posts by MINING.COM Staff Writer:
Iron ore price rises back above $100 as China steps in to ease property woes
Chinese regulators on Sunday urged banks to extend loans to qualified real estate projects and meet developers financing needs where reasonable.
Iron ore price sinks below $100 a tonne on grim China demand outlook
"The government needs to intervene decisively and swiftly in order to stabilize property and capital market sentiment," said JP Morgan.
Copper price rebounds despite weak economic activity in China
The world’s second-largest economy shrank by 2.6% in the three months ending in June.
Iron ore price rebounds as China’s exports grow
Chinese exports grew at their fastest pace in five months in June.
Goldman goes cold on copper price
Metal is now 40% below the bank’s analysts' expectations.
Iron ore price down on growing fears of weak demand in China
Chinese steel mills scale back output while nursing losses from high inventories and sluggish steel orders.
Copper price hits a 20-month low on recession fears
Money manager positioning on the CME copper contract is as bearish as it has been since Q1 2020, according to Reuters columnist Andy Home.
Iron ore price down as China’s steel industry sounds alarm over crisis conditions
China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand.
Copper price up supported by pullback in the dollar
Head of the IMF said the outlook for the global economy had "darkened significantly" since April.
Gold price steadies as inflation revives higher-rate bets
Gold prices consolidate near $4,700/oz as US consumption slows, aligning with market expectations.