Copper climbs to highest in 10 years as global recovery gains ground; other metals also gain

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Copper climbed to the highest in almost a decade as the global recovery from the pandemic extended a rally in metals markets. Aluminum is surging and iron ore jumped to a fresh high as commodities advance toward the highs of the last supercycle. Metals are benefiting as the world’s largest economies announce stimulus programs and climate pledges […]

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Copper price up on strong demand outlook and supply disruptions

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Copper prices rose again as a bright demand outlook and supply disruptions in some South American mines offset pressure from rising inventories. High waves at ports in top copper producer Chile disrupted exports of concentrate and copper metal for most of January. Meanwhile, tight concentrate supply remained a concern for downstream copper players. Copper for delivery in […]

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Vedanta and Hindalco, both raised aluminium ingot price by more than 1% with effect from January 22, 2020

Vedanta has increased the prices of aluminium ingots, billets and wire rods by more than 1% with effect from January 22. This is the second time in a row that the company has raised the prices of its products. The price for Vedanta aluminium ingots now stands at Rs.144,750-157,750 per tonne. The company generally links prices […]

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