- December 23rd, 2024
In a significant shift, copper prices dropped below $9,000 per ton on the London Metal Exchange (LME) for the first time in two months, extending a recent downward trend. The fall, which has seen copper decline approximately 7% since last...
Beijing’s Economic Revitalization Plans Fail to Bolster Iron Ore, Highlighting Weak Demand and Ample Supply Iron ore prices slid closer to $100 per ton, reflecting investor disappointment over China’s recent economic measures. Despite anticipation for stronger support, Beijing's latest debt-swap...
Iron ore prices experienced a decline as investors redirected their attention from China’s plans for economic stimulus toward global supply prospects. The shift comes amid a series of quarterly production reports from some of the world’s largest mining companies, including...