Copper price heads toward $12,000 a ton as banks predict further gains
With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009.
China’s iron ore imports to fall in September — report
China’s iron ore imports are expected to fall further in September, Shanghai Metals Market’s ferrous branch Steelease foresees (subs. required). According to SMM, slim profits and continuous declines in steel prices have dampened Chinese steel mills’ interest in the raw...
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