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Copper Prices Trounced By Falling Demand

Copper Prices Trounced By Falling Demand

Copper prices touched a six-month…

The Commodity Price Bubble Has Finally Burst

The Commodity Price Bubble Has Finally Burst

The epic commodity bull run…

Metals

Dam Rupture Complicates Steel Production In Ukraine

Jun 12, 2023 at 08:54 | Ag Metal Miner

Via AG Metal Miner Ukrainian steelmaker and longs producer ArcelorMittal Kriviy Rih (AMKR) recently stopped steelmaking and rolling operations. A spokesman for the company told MetalMiner…

China’s Gold Buying Spree Continues For Seventh Consecutive Month

Jun 09, 2023 at 08:12 | ZeroHedge

In an unabated buying spree, China has continued to expand its gold reserves for a seventh consecutive month, reinforcing the sustained global demand for the precious metal among central banks.…

High Vehicle Costs Dampen Steel Market Momentum

Jun 09, 2023 at 07:42 | Ag Metal Miner

Via AG Metal Miner The Automotive MMI (Monthly Metals Index) broke its sideways trend this past month, inching down 3.36%. Though all components of…

DRC Eyes Peru’s Position As Second-Largest Copper Producer

Jun 07, 2023 at 08:51 | Ag Metal Miner

Via AG Metal Miner There’s a new kid on the block in copper production. Media reports say the Democratic Republic of Congo (DRC)…

The Commodity Price Bubble Has Finally Burst

Jun 01, 2023 at 14:17 | Alex Kimani

The epic commodity bull run that took off three years ago and saw commodity prices hit multi-decade highs has finally collapsed. From oil, gas and wheat to lithium,…

Copper Prices Trounced By Falling Demand

Jun 01, 2023 at 10:26 | Ag Metal Miner

By Stuart Burns via AGMetalminer.com At least that’s what the Financial Times reported Goldman Sachs saying this week with regard to the price of copper. The bank…

Five Niche Commodities Reflecting China's Faltering Economic Rebound

Jun 01, 2023 at 08:54 | ZeroHedge

China's economic recovery from draconian zero-Covid controls is faltering. Investors had very high hopes earlier this year that the world's second-largest economy would roar back to life and help offset…

Poland Steps Up Gold Buying

May 24, 2023 at 10:31 | ZeroHedge

Poland is buying gold again. The National Bank of Poland added nearly 15 tons of gold to its reserves in April, according to data published by…

Declining Iron Ore Prices Show China’s Recovery is Still Dragging

May 23, 2023 at 08:54 | Ag Metal Miner

The iron ore slump shows that the Chinese economy continues to struggle. Moreover, if things on the steel front do not improve quickly, demand

China Dominates Global Steel Industry

May 22, 2023 at 11:00 | ZeroHedge

Steel is a critical component of modern industry and economy, essential for the construction of buildings, automobiles, and many other appliances and infrastructure used in our daily…

Stainless Steel Remains Buyers Market As Demand Growth Flatlines

May 18, 2023 at 12:13 | Ag Metal Miner

By Nichole Bastin via AGMetalminer.com The Stainless Monthly Metals Index (MMI) rose a modest 0.67% from April to…

Tata Steel’s UK Plant Is Struggling To Cope With Rising Costs

May 17, 2023 at 11:01 | Ag Metal Miner

By Chistopher Rivituso via AGMetalminer.com Difficult trading conditions and a lack of clarity over state aid have put the future of Tata Steel’s UK plant into doubt.…

Copper Prices Slide Despite Expected Deficit

May 16, 2023 at 11:50 | Ag Metal Miner

By Nichole Bastin via AGMetalminer.com Copper prices continued to slide this past month, although not enough to trigger a downward trend. As lower lows have yet to…

Global Platinum Shortage Set To Worsen

May 15, 2023 at 13:52 | ZeroHedge

The global shortage of platinum is set to worsen in the coming quarters, resulting in one of the most significant deficits in half a century, the World Platinum Investment Council (WPIC)…

Russian Supply Glut Forces LME Aluminum Prices Lower

May 12, 2023 at 10:24 | Ag Metal Miner

  By Nichole Bastin via AGMetalminer.com Aluminum prices continued to slowly edge downward, but remained within an overall sideways trend. After prices…

Teck Changes Proposal To Separate Metal And Coal Business

May 08, 2023 at 11:45 | Ag Metal Miner

By AGMetalminer.com Canadian mining group Teck Resources recently withdrew its proposal to separate its metals and coal companies into two separate assets. The Vancouver-headquartered company…

Central Banks All Over The World Are Scrambling To Buy Gold

May 08, 2023 at 09:00 | ZeroHedge

It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023…

Visualizing 200 Years Of Gold Mining Around The World

May 04, 2023 at 07:57 | ZeroHedge

Although the practice of gold mining has been around for thousands of years, it’s estimated that roughly 86% of all above-ground gold was extracted in the last 200…

Platinum May Soon Be In Short Supply

May 02, 2023 at 12:20 | Ag Metal Miner

Whenever there is an argument about the sufficiency of resources to meet the demands of our voracious industrial economy, those defending the cornucopian view say, "But, we are not running out…

Largest Supply Glut In A Decade Crashes Nickel Prices

Apr 28, 2023 at 14:40 | Alex Kimani

Last year,  the nickel markets came into the limelight courtesy of the historic nickel short squeeze that sent nickel prices soaring to an astonishing $100,000 per tonne. The massive surge…

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