Copper hit fresh 7-year highs at 3.642, no signs of exhaustion seen
Dec 18, 2020 10:07 am UTC| Technicals Investing
COPPER chart - Trading View Copper was trading 0.38% higher on the day at 3.624 at around 09:45 GMT. The pair is extending previous months stellar performance and has gained over 5% on the month till...
FxWirePro: Copper resumes upside after brief pause at 110-EMA, eyes 2.535 (61.8% Fib)
Jun 05, 2020 05:40 am UTC| Technicals Investing
Copper has resumed upside after a brief pause as the pair holds above 110-EMA. The pair was trading 0.58% higher on the day at 2.499 at around 05:30 GMT. Price action has held above 110-EMA support and bounce higher...
S. Korea to Hasten Infra Projects, Infuse 400-B Won to Help Steel Sector
May 18, 2020 09:18 am UTC| Economy
South Korea will cushion the steel industrys fallout caused by weak demand by fast-tracking infrastructure projects and spending over 400 billion won on research and development. According to Industry Minister Sung...
China challenges US findings on its Aluminium foil subsidies
Aug 10, 2017 12:14 pm UTC| Commentary Economy
A prove by US department of commerce has published its initial findings that Chinese Aluminium foil producers receive subsidies in the range of 16.56 to 80.97 per cent. According to the report, the U.S. customs and broader...
China’s commodity imports record strong growth in February, likely to improve further
Mar 08, 2017 10:36 am UTC| Commentary Economy
Chinas imports of commodities recorded relatively strong growth in February, although the Chinese New Year holidays saw levels drop from January. On a YTD (Jan-Feb) basis, all commodities bar copper recorded strong...
China’s commodities imports grow strongly in January, likely to be slightly lower in February
Feb 13, 2017 06:29 am UTC| Commentary
Chinas commodities imports grew relatively strong in January as consumers restocked before the Chinese Lunar New Year holidays, noted ANZ in a research report. Given a surprisingly solid level of imports recorded in the...
Metal supply/demand Series: Copper mine strike to continue in Chile
Feb 01, 2017 07:40 am UTC| Commentary
The red metal, which is better known as an industrial barometer rose last night after it became clear that the workers at Chiles Escondida mine operated by BHP Billiton rejected the management offer and decided to continue...
Donald Trump humiliated: Former Australian Prime Minister Malcolm Turnbull blasted for Capitol riots