Copper edges up on China mortgage rate cut and lockdown easing
LONDON — Copper extended its recovery on Friday on optimism about a revival in demand in top metals consumer China, as a mortgage rate cut and progress in…
Source: financialpost.com
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Global aluminium output flat y-o-y at 5.599 mln T in April -IAI | Hellenic Shipping News Worldwide
Global primary aluminium output in April was unchanged year on year at 5.599 million tonnes, data from the International Aluminium Institute (IAI) showed on Friday. Estimated Chinese production rose to 3.29 million tonnes in April from 3.257 million tonnes a year earlier, according to IAI data. Source: Reuters (Reporting by Eric Onstad; editing by Jason ...
Source: hellenicshippingnews.com
Ukraine war, inflation drives Q1 jump in gold demand, WGC says
By Eric Onstad LONDON (Reuters) - Global demand for gold surged 34% year-on-year in the first quarter to the highest in over three years, driven by
Source: shorenewsnetwork.com
Recycling needed to meet Europe's green metals needs: study
The EU's pledge to cut emissions to net zero by 2050 will require large amounts of metals and minerals to roll out electric vehicles and wind turbines - but a supply...
Source: trust.org
Commodity broker Marex reported record 2021 results in volatile markets | Hellenic Shipping News Worldwide
Commodity broker Marex posted a 31% jump in revenue and record profits last year amid volatile markets and surging commodity prices, it said on Wednesday London-based Marex, one of the world’s largest privately-owned commodities brokers, said adjusted operation profit before tax gained 29% to $79.6 million, a statement said. Marex had planned an initial public ...
Source: hellenicshippingnews.com