September 7, 2024

Gold’s demand comeback

This gold bull’s latest upleg has proven mighty, surging to many new nominal record highs.

September 6, 2024

US Steel assets face chopping block without Japan deal

United States Steel Corp. faces the prospect of being broken apart and sold in parts if Nippon Steel Corp.’s $14.1 billion takeover fails.

September 6, 2024

Gold price declines as US jobs data fuels debate on rate cut size

Fed officials have said they’re now more concerned about risks to the labor market than about inflation.

September 6, 2024

Iron ore price flicks higher from lowest close in nearly two years

The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market.

September 6, 2024

Trafigura’s top China iron ore traders leave group

The departures came after global prices of the key steel-making ingredient tumbled almost 40%.

September 6, 2024

Citi says US election risk to contain metals prices for now

Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.

September 5, 2024

Gold price holds gain as rate cut hopes rise before US payrolls data

Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021.

September 5, 2024

Chinese lithium producers embrace hedging to manage volatility

Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.

September 5, 2024

Copper processing charges could fall further next year, says Cochilco

Cochilco said it expects a deficit of 1.9 million tons of concentrates this year, pushing processing charges to $40 per ton this year.

September 5, 2024

Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery

Iron ore slumped to its lowest level since 2022 and traded near $90 a ton.