Copper (LME) has found a floor at the 200-day moving average (DMA). Nonetheless, below $8740 would still complete a “head and shoulders” top, as reported by the Credit Suisse analyst team.See: Coppe...
An employee produces copper wires at Nanjing Gree Electric Enterprise Co in China.Photo by Fang Dongxu/VCG via Getty ImagesCopper and iron ore prices have been knocked down sharply in August after ste...
Copper sank to a six-month low as China reining in growth, the US central bank signposting its intention to reduce stimulus and rising covid-19 cases triggered a major sell-off.Copper for delivery in ...
Aug 20 (Reuters) – Copper prices rose on Friday but was on track for a weekly loss after investors sold the base metal complex on China’s slowing growth, COVID-19 outbreaks, and U.S. tapering worrie...
Copper prices rose on Monday, as the US dollar pulled back from its highest level in 9 and a half months against most currencies, which eased pressures on commodities and metals.Copper has been under ...
LONDON (Reuters) – Two Chilean copper mines have been hit by strike action over the last week and a Canadian one has just been suspended due to wildfires.An employee carries copper hoses at the Socie...
Most prices on the London Metal Exchange (LME) were lower Monday morning compared to Friday, following disappointing economic data from top consumer China.Nickel’s three-month price was down to $19,5...
Stock Image.Copper prices declined on Monday after data showed factory output and retail sales in China rose more slowly than expected in July.Retail sales were hit by tough new virus restrictions int...
Copper price has been weighed down by possible policy tightening in some major economies and rising global coronavirus cases which could drag on recovery. (Image: Teck)The copper price extended its de...
By Carolina CurielScrapMonster AuthorTORONTO (Scrap Monster): The North American scrap metal prices remained mostly unchanged on ScrapMonster Price Index as on August 16th, 2021. Steel scrap prices w...