Iron ore price up as Chinese banks cut interest rate
Chinese banks cut a key interest rate for long-term loans by a record amount on Friday.
MINING.COM Staff Writer
Posts by MINING.COM Staff Writer:
Copper price rebounds as China eases covid restrictions
“Sentiment had been buoyed by hopes that China is making progress towards an exit from strict lockdowns,” commodity strategists at ANZ said.
Copper price down on bets of big US rate hikes
Fed Jerome Powell pledged that the US central bank would ratchet interest rates as high as needed to kill a surge in inflation.
Iron ore price up on supply woes, easing China covid curbs
Shanghai set out plans on Monday for the return of more normal life from June 1.
Copper price rises on easing covid-19 restrictions in China
Shanghai set out plans on Monday for ending the covid-19 lockdown that has lasted more than six weeks.
Iron ore price set for biggest weekly drop since February on covid restrictions
Iron ore has fallen around a quarter from this year’s peak in early March as covid restrictions spread.
Copper price hits 8-month low on slowdown fears
"Demand hopes have given way to demand concerns," said Commerzbank analyst Daniel Briesemann.
Copper price recovers as China covid cases ease
Shanghai said half the city had achieved “zero-COVID” status, but uncompromising restrictions had to remain in place under a national policy.
Iron ore price at near 4-month low on interest rate, demand concerns
The US Federal Reserve approved a half-a-point interest rate hike, leading to a significant decline in commodities prices denominated in US dollars.
Food security is national security: Potash gets ready for a closeup
The Department of the Interior released a draft 2025 list of 54 minerals critical to the US economy, including potash.
