Copper soared to a new record high, continuing a months-long rally fueled by financial investors who…
Tag: London Metal Exchange
Hindalco’s shine relies on aluminium prices
For the metal industry, China is a crucial market, and hence its improving economy bodes well…
Aluminium prices up in Sep, but not enough to delight investors
Aluminium price on the London Metal Exchange is gradually gaining strength. The average price in September…
The night the nickel market broke
Now, after a long day of meetings, calls and emails, Chamberlain summed up the LME’s position:…
LME’s nickel review shows how the exchange failed to stop the crisis
The report, which was commissioned by the LME and carried out by consultant Oliver Wyman, marks…
Nickel surges 15% to its highest since May in illiquid trade
London , Traders said nickel prices jumped 15% on Monday to their highest since May as…
Hindalco’s profit falls 35 per cent due to cost pressure, but revenue rises 18 per cent
The impact of higher energy prices and weaker aluminum prices was visible on Hindalco Industries Ltd’s…
Why aluminum prices are unlikely to fall
Shares of aluminum producers like Hindalco Industries Limited and National Aluminum Company Limited (Nalco) have changed…
Zinc grows as Trafigura-owned smelter to halt production
One of Europe’s biggest smelters said zinc would halt production next month as the continent’s energy…
Weak demand puts pressure on steel prices
New Delhi Steel prices declined on both week-on-week and month-on-month (mother) basis, with recovery in demand…