The spot copper price fell sharply at the beginning of the week. It dropped more than 1.3% to the edge of $ 5711 per ton. Fears of the second round of COVID-19 infections and the impact it would have on world demand for raw materials hit the prices. With the latest movements, the cost of …
Copper price and possibility of a second-wave of COVID-19 Read More »
The price of copper posted a rise in the London Metal Exchange. On Wednesday, the metal saw an increase of 2.12 %. The commodity prices have settled at $2.63129 per pound. Copper price was $ 2.57663 per pound on Tuesday and US $ 2.56688 per pound on Monday. The rise of the prices is the …
Copper reaches its maximum value in almost four months Read More »
Iron ore rates surged on Monday. Several factors have boosted metal prices. On the one hand, stockpiles in China shrunk. The country is responsible for more than 70% of the world’s seaborne iron trade. On the other hand, there have been fears about supply from Brazil, the number two supplier of iron ore in the …
Signs of quick global recovery supports copper iron ore prices Read More »
Copper giant, Peru Copper Inc. will slowly ease restrictions on key industries including mining and construction in May, according to the decree of the Government of Peru on Sunday. Production activity had been practically paralyzed since mid-march amid the nationwide lockdown to curb the spread of the coronavirus outbreak. El Peruano, the official daily newspaper …
Copper Peru to gradually lift restrictions on mining sector month Read More »
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