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Spot Copper Concentrate TCs Rose Further_SMM | Shanghai Non ferrous Metals - Vimarsana News

Spot Copper Concentrate TCs Rose Further_SMM | Shanghai Non ferrous Metals

As of last Friday April 21, the SMM Imported Copper Concentrate Index (weekly) stood at $84.36/mt, $1.7/mt higher than the previous week. Last week, most of the market participants went to Chile to attend the CESCO meeting, so the spot transactions were quiet. According to SMM, during the week, there was a transaction between a smelters in north China and a trader for seaborne clean ores scheduled to be loaded in July. Traded TCs were around $85/mt.

Source: metal.com
Institutional investors turn their attention to battery metals as supply shortages loom - Vimarsana News

Institutional investors turn their attention to battery metals as supply shortages loom

According to Morningstar Inc. data. 13 thematic funds focused exclusively on battery technologies and metals have been created in the past year. There are...

BHP Iron Ore Output Hit Record High, Cuts Copper and Nickel Output Forecasts_SMM - Vimarsana News

BHP Iron Ore Output Hit Record High, Cuts Copper and Nickel Output Forecasts_SMM

On April 21, BHP announced its operating report for the third fiscal quarter ended March 31.

Source: metal.com
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BHP Downgrades Escondida Copper, Nickel Production Guidance - Vimarsana News

BHP Downgrades Escondida Copper, Nickel Production Guidance

UPDATED: BHP Group Ltd. said it would produce less copper than expected at the Escondida mine in northern Chile this fiscal year, but stuck with its annual group copper-production estimate, citing the strong performance of other operations in Chile and Australia.

Source: wsj.com
EMEA Morning Briefing: Stocks to Struggle as Sentiment Weakens - Vimarsana News

EMEA Morning Briefing: Stocks to Struggle as Sentiment Weakens

MARKET WRAPS Watch For: Flash PMI data for eurozone, Germany, France, UK; trading updates from SAP, BMW, Holcim, Sasol Opening Call: European shares could struggle for momentum at...