March 18, 2022 Goldman bids for nickel off-exchange about 32% below LME price The bank has been offering to trade contracts in commodity index products, such as the S&P GSCI, whose constituents include nickel.
March 18, 2022 Severstal at risk of default over coupon non-payment The company said it had received permission by the Russian government to pay in dollars, but believed Citigroup, the paying agent, would block the payment.
March 18, 2022 LME boss says banks are partly to blame for nickel short squeeze Banks last year lobbied against efforts to increase transparency in metals markets, LME chief executive Matthew Chamberlain said in an interview.
March 18, 2022 The world’s biggest commodities markets are starting to seize up Prices of materials like crude, gas, wheat and metals have become alarmingly erratic as a gulf emerges between buyers and sellers who are facing big financing strains.
March 18, 2022 LME’s copper industry group recommends banning Russian metal Russia is the third-largest exporter of refined copper metal, the form deliverable on the exchange.
March 18, 2022 Nickel price drops 12% in another glitchy start to London trading Electronic trading stalled again Friday after a short flurry of deals when the market opened.
March 17, 2022 Canada’s scrambling to fill a massive global fertilizer deficit Nutrien is increasing output of key crop nutrients in the face of a global shortage.
March 17, 2022 Despite ultra-hawkish Fed’s meeting, gold price jumps The newest FOMC statement was very hawkish – probably too hawkish.
March 17, 2022 Gold price shakes off Fed rate hike, back towards $1,950 The precious metal quickly turned around after dropping to a two-week low Wednesday following the US central bank's move to raise interest rates.
March 17, 2022 Signet shocks diamond trade with refusal to buy Russian gems The move by the largest diamond retailer in the industry’s most important market will create difficulties through the entire global supply chain.
Congo pitches new $29 billion iron ore and logistics project The first phase of the project would require the construction of heavy rail and transport on the Congo River. January 13, 2026 | 10:11 am