United States

Pratima Desai

Stainless surge revives nickel market, but surplus still looms

Aug 11 2020

LONDON Rapidly rising stainless steel production in top consumer China has helped to preserve demand and prices of key ingredient nickel, but analysts still expect a supply overhang of the metal valued for its anti-corrosive properties.

METALS-Copper up on demand hopes, sliding inventories

Aug 05 2020

* LME copper stocks down more than 50% since May (Updates prices)

Graphic: Zinc stocks in Singapore's LME warehouses suggest unusually large surplus

Jul 28 2020

LONDON Deliveries of zinc to London Metal Exchange registered warehouses in places such as Port Klang, Malaysia and Singapore, not typical destinations, suggest an unusually large surplus of the metal used to galvanise steel.

Auto parts makers shine spotlight on aluminium's role in electric vehicles

Jul 27 2020

LONDON A faster paced energy transition through a speedier shift to electric vehicles has created a new, substantial demand stream for aluminium and major opportunities for auto supply chain firms flying under investors' radar. 

METALS-Supply angst helps copper scale two-year high

Jul 13 2020

* Cash over three-month copper contract at 14-month high (Updates prices)

London Metal Exchange begins push for transparency on metal inventories

Jul 09 2020

LONDON The London Metal Exchange on Thursday started its push for more transparency on metal availability by publishing, for the first time, stocks of metal in its global storage network that could be put on warrant and traded on the exchange.

METALS-Demand hopes, supply worries propel copper to 5-month peak

Jul 07 2020

* Copper cancelled warrants at 47% of total LME stocks (Updates with official prices)

METALS-China demand optimism drives copper to five-month high

Jul 06 2020

LONDON, July 6 Copper prices scaled five-month highs on Monday, boosted by optimism about demand in top consumer China and concerns about the spread of COVID-19 in Chile, the world's largest producer.

Shrinking aerospace demand to keep pressure on cobalt prices

Jun 26 2020

LONDON Cobalt prices are at 10-month lows due to sagging demand from the electric vehicle and aerospace sectors amid the COVID-19 pandemic and look likely to slide further as airlines defer maintenance.

Special Report: Inside Iran’s secret project to produce aluminium powder for missiles

Jun 24 2020

LONDON At the edge of the desert in North Khorasan province in northeast Iran, near the country’s largest deposit of bauxite, sits an aluminium production complex that the government has publicly hailed as a key part of its efforts to boost output of the metal.

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