Commodity - Industrial Metals
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January 19, 2023, Thursday
Vedanta to sell its foreign zinc assets to Hindustan Zinc for $2.98 bn
Hindustan Zinc's Q3 net profit drops 20% on lower output, prices
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January 18, 2023, Wednesday
Q3 preview: Metal firms' sales likely to flatten, profits may plunge
Earnings may bottom out during Oct-Dec quarter, say analysts
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December 27, 2022, Tuesday
Building boom sets up India as saviour for flagging global steel demand
Inward shipments rose 15% in April through October from a year earlier to 3.1 million tons, according to government figures
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October 23, 2022, Sunday
Don't see further price correction, says JSW Steel's Seshagiri Rao
Steel prices appear to have reached their bottom and are likely to go up from their current levels if supply adjustments globally ...
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October 20, 2022, Thursday
Steel prices fall 40% in last six months to Rs 57,000 per tonne: SteelMint
Steel prices fell about 40 per cent to Rs 57,000 a tonne in the domestic market over the last six months on subdued export orders ...
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October 19, 2022, Wednesday
Global steel demand downgraded, to drop 2.3% in 2022: WorldSteel
A global recovery in steel demand next year is still expected, mainly due to a rise in infrastructure spending, but the growth ...
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October 19, 2022, Wednesday
Global copper market to have a surplus of 155,000 tonnes in 2023, says ICSG
Three-month copper on the London Metal Exchange was trading around $7,363 a tonne on Wednesday having declined more than 30% on ...
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October 18, 2022, Tuesday
Copper prices weaken on worries over China and global slowdown
Copper has given up 30% since touching a record peak in March but has largely held in a range between $7,200 and $8,000 since the ...
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October 12, 2022, Wednesday
Steel demand needs 9% CAGR to meet 160 kg/capita consumption target: Icra
The domestic steel demand needs to grow at a compound annual growth rate (CAGR) of 9 per cent over the next decade to meet 160 kg ...
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September 08, 2022, Thursday
Aluminium, copper prices climb on worries about supply amid stoppages
Benchmark aluminium on the London Metal Exchange was up 1.6% to $2,271 a tonne, while copper was 2.5% higher at $7,811 by 1600
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August 30, 2022, Tuesday
Copper prices slide after Fed's growth warning triggers sell-off
Benchmark copper on the London Metal Exchange (LME) was down 3.5% at $7,875 a tonne by 1603 GMT, having touched its lowest since ...
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August 30, 2022, Tuesday
Aluminium prices may go up over medium term, says Crisil Research
The price of aluminium is likely to go up in the medium term due to factors like surge in demand, Crisil Research on Tuesday ...
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August 15, 2022, Monday
Disappointing China economic data sparks industrial metals' sell-off
China's economy unexpectedly slowed in July, with growth in industrial output, fixed-asset investment, total social financing and ...
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August 10, 2022, Wednesday
Copper hits five-week high after US data undershoots, dollar slides
Three month copper on the London Metal Exchange gained 1.3% to $8,089 a tonne by 1630 GMT, the highest since July 1, after ...
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July 13, 2022, Wednesday
Copper prices slide to 20-month low on economic slowdown fears
Rising US interest rates have pushed the dollar to its strongest in two decades, making dollar-priced metals costlier for non-US ...
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July 11, 2022, Monday
Global demand fears, Covid in China, soaring dollar slam copper prices
Benchmark copper on the London Metal Exchange (LME) was down 3% at $7,573 a tonne at 1601 GMT.
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July 11, 2022, Monday
China's $220-bn stimulus unlikely to reverse global metals meltdown
Extra funds will likely be used to plug Covid-era budget gaps, and won't tackle the bigger issue for metals demand: a subdued ...
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July 11, 2022, Monday
China stimulus unlikely to reverse rout in the global metals market
While Chinese stimulus played a role in rescuing industrial commodities from slumps in global demand, after the 2008 financial ...
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July 06, 2022, Wednesday
Investors fear big decline in metal companies' margins and profits
The metal sector also faces headwinds from an investment slowdown in China that accounts for more than half the global metal ...
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July 05, 2022, Tuesday
Copper sinks to 17-month low as recession fears dominate trade
Copper, widely considered an economic bellwether, is trading solidly below $8,000 a ton, after metals posted their worst ...
