Moody’s forecasts 30% earnings growth for metals and mining industry by 2022

Moody’s Investors Service forecasts the global metals and mining industry’s earnings will increase by about 30% through the first quarter of 2022 on the back of economic recovery, as well as rising demand and tight supplies for steel, iron-ore and copper.

Monday, March 29, 2021

Zinc Hovers Near 15-month Peak While Copper Steadies

EU steelmakers have restarted nearly half the blast furnaces that were idled in the financial crisis, according to a leading industry player, holding back recovery in a sector already hobbled by over-capacity and high energy costs.

Thursday, June 12, 2014

Alcoa anticipates 7% aluminium demand growth for 2014

For 2014, Alcoa is forecasting a 7% increase in global demand for aluminium as well as a supply shortfall of 930 000 tonnes, which compares to the deficit of 730 000 tonnes projected by the company earlier in the year.

Friday, August 15, 2014

Aluminum Price Hits Near 10-month High

It is reported that the Ministry of Trade, Industry and Energy (MOTIE) said that South Korea’s Posco and China’s Chongqing iron and steel (CISC) have signed memorandum of understanding on a US$3.3 billion investment.

Wednesday, July 9, 2014

Copper Slips from 3.5 Month High

The LME's three-month copper contract on Friday was down 0.1 per cent at $US6,945 a metric ton at the PM kerb close. The metal earlier rose to $US6,983.75 a metric ton, its highest price since March 7.

Monday, June 30, 2014

Zinc Futures up 0.24 per cent on Overseas Cues, Spot Demand

Taking positive cues from global markets and bette

Friday, February 14, 2014

Copper down Slightly amid Gloomy Outlook

The most-traded copper contract for delivery in Ap

Monday, January 27, 2014

Zinc Remains in Deficit Throughout 2013

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Tuesday, January 21, 2014
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