July 6, 2022

Iron ore price falls on China covid woes, recession fears

Goldman Sachs expects the metal price to average $100 per tonne in Q2 2022.

July 5, 2022

Copper price lowest since November 2020 on economic slowdown worries

Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.

July 4, 2022

Metals melt down as recession fears overwhelm supply woes

Industrial metals have gone from boom to bust in the space of only three months, writes Andy Home.

July 4, 2022

Copper price below $8,000 as slowdown fears mount

"Inventories for metals are shrinking to multi-year lows."

July 4, 2022

Iron ore price tumbles as China’s demand outlook darkens

Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.

July 4, 2022

Guinea halts Simandou iron ore project again

Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.

July 1, 2022

Iron ore price tumbles as recession fears fuel commodities selloff

"It's not just China where steel output is under pressure," said Warren Patterson, head of commodities strategy at ING.

July 1, 2022

Copper, zinc, nickel price rout continues despite rebound in China manufacturing 

“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.

July 1, 2022

Why sentiment in industrial metals has been crumbling

Industrial metal prices have just seen their biggest quarter of falls in many years.

July 1, 2022

Gold price keeps its shine as other precious metals fade

Gold has held up well relative to silver and platinum.