Page 49 - Eric Onstad News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Online industrial metals platforms are gaining momentum this year by targeting the physical trade of minerals worth about half a trillion dollars a year, gradually enticing traders to move away from largely paper-based systems. The digital venues have attracted traders as London Metal Exchange volumes fell after the coronavirus pandemic temporarily closed its floor for ...

Copper prices slid on Wednesday on worries that the troubled Chinese property sector will further curb Chinese economic growth and metals demand.

Copper prices slid on Wednesday on worries that the troubled Chinese property sector will further curb Chinese economic growth and metals demand. Three-month copper on the London Metal Exchange had dropped 1.6% to $9,025 a tonne by 1030 GMT after it gave up 0.9% on Tuesday. Volatility rose due to the LME options expiry on ...

Global copper smelting activity rebounded in September as higher treatment charges spurred many smelters to increase output, data from satellite surveillance showed on Monday. Copper processing rose worldwide despite declines in top producer China and in the United States, satellite service SAVANT and broker Marex said in a statement. Spot treatment and refining charges (TC/RCs) ...

Buyout firm American Industrial Partners said on Friday it acquired ownership of an aluminium smelter in France after a default on debt by a unit of the GFG Alliance owned by commodities tycoon Sanjeev Gupta.