Tags - London Metal Exchange

Wednesday 22 January 2025 - 16:24

Aluminum set for best week in three months on China demand hopes

me-metals: Aluminum headed for a strong weekly gain, boosted by signs of rebounding metals demand in China and indications that Beijing’s efforts to revive growth are paying off.

News ID: 11675 Publish Date : 2025/01/19

Copper in longest winning streak since 2017 on China demand hopes

me-metals: Copper headed for an eighth day of gains, its longest winning streak since 2017, as fresh economic data from China brightened the demand outlook in the top metals-consuming nation.

News ID: 11671 Publish Date : 2025/01/18

Aluminum price rallies with possible EU ban on Russian supplies

me-metals: Aluminum rose as much as 1.4%, with the European Union considering curbs on imports from Russia and Chinese production growth expected to slow.

News ID: 11663 Publish Date : 2025/01/16

Copper price rises as Trump team’s gradual tariffs plan cools dollar

me-metals: Copper extended this year’s rally as the incoming Trump administration is said to consider slowly ramping up trade tariffs, rather than imposing sizable levies in one go.

News ID: 11658 Publish Date : 2025/01/15

LME nickel hits four-year low as 2025 opens with eyes on China

me-metals: Nickel hit the lowest level since 2020 and copper steadied near a nine-month low on the first trading day of the year, with investors weighing the impact of a rallying dollar and the scope for additional Chinese stimulus.

News ID: 11629 Publish Date : 2025/01/04

Copper lures buyers as New York futures hover above $4/lb

me-metals: Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses sparked by growing worries about the strength of global demand.

News ID: 11628 Publish Date : 2025/01/04

Copper price holds near 9-month low as 2025 opens with eyes on China

me-metals: Copper steadied near a nine-month low on the first trading day of the year, with investors weighing the scope for additional stimulus from Beijing in 2025 as the country’s stock market came under pressure.

News ID: 11622 Publish Date : 2025/01/03

Iron ore price hits five-week low as traders fret about Chinese demand

me-metals: Iron ore sank to the lowest in more than five weeks — falling below $100 a ton — as poor industrial profits in China highlighted the nation’s economic weakness, although mills’ performance did improve.

News ID: 11604 Publish Date : 2024/12/28

Copper giant Peru foresees another production plateau in 2025

me-metals: Peruvian copper production is expected to remain flat in 2025 for the third straight year, according to the country’s top mining association and industry analysts, as declining ore grades and a lack of new projects cap output.

News ID: 11583 Publish Date : 2024/12/22

Iron ore price weakens as Australia flags return to sub-$100 prices

me-metals: Iron ore headed for a weekly loss as Australia’s government forecast sharply lower prices, the US dollar hit a two-year high, and traders waited for China’s next move to support its economy.

News ID: 11582 Publish Date : 2024/12/22

Nickel price hits 4-year low as gloom offsets potential Indonesia cuts

me-metals: Nickel hit a four-year low as a lackluster outlook from the Federal Reserve for next year outweighed the possibility of sharp mining cuts in Indonesia.

News ID: 11581 Publish Date : 2024/12/21

Aluminum price falls to one-month low in wider commodity slump

me-metals: Aluminum led base metals lower, extending losses from the previous session, as traders wait for the Federal Reserve’s final interest-rate decision for 2024 later this week.

News ID: 11577 Publish Date : 2024/12/19

Copper slips as US data stokes worries about rate-cut policy

me-metals: Industrial metals fell in London as a cautious mood took hold across markets after higher-than-expected jobless claims and strong producer price data in the US.

News ID: 11558 Publish Date : 2024/12/13

Vedanta tops Q2 profit view on higher metals prices

me-metals: Indian miner Vedanta Ltd posted a bigger-than-expected second-quarter profit on Friday buoyed by higher metals prices even as demand was sluggish.

News ID: 11448 Publish Date : 2024/11/09

Zinc market tightens as mine supply disruptions rattle buyers

me-metals: Spot zinc prices have shot above later-dated futures on the London Metal Exchange , signaling a tight market as large buyers scoop up inventories and pile into futures at a time when a string of mine disruptions threatens to throttle supplies.

News ID: 11402 Publish Date : 2024/10/24