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Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…

ANI   


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AI will nearly double demand for copper, which is already facing a global shortage

Mining giant BHP sees copper demand reaching 52.5 million tons a year by 2050, making worse an ongo…

Filip De Mott   


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Hindalco Q1 profit rises 25% Rs 3,074 crore on operational efficiencies, lower input costs

Total income during the quarter under review rose to Rs 57,437 crore, over Rs 53,382 crore noted in…

PTI   


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Hindustan Copper Q1 net profit rises two-fold to ₹113.40 crore

The consolidated income of the company during the April-June period rose to Rs 500.44 crore ove…

PTI   


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Copper prices will extend records and surge another 288% in the coming years, top trader says

"We are moving towards a doubling of demand growth for copper due to the electrification of the wor…

Filip De Mott   


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The real reason for copper's record-shattering rally, according to one trading firm

Copper's supply-demand imbalance isn't enough to justify its record price near $11,000, Trafigura s…

Filip De Mott   


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A $10 billion Panamanian copper mine has been sitting idle since November - and it's part of why the metal's price is surging

First Quantum's mine was shut down because the company couldn't reach a new tax deal with the Panam…

Filip De Mott   


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It's not just gold. Commodities from copper to cocoa are seeing huge gains in 2024.

"This is your classic late-cycle rally in commodities," Carlyle's Jeff Currie told CNBC, as raw mat…

Filip De Mott   


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A major copper miner thinks it's got a way to turbocharge output without having to open new mines

Freeport-McMoRan CEO Kathleen Quirk told Bloomberg it's developed a way to boost copper without ope…

Filip De Mott   


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3 reasons why buying copper right now is the best trade one commodity expert has ever seen

Jeff Currie said copper could gain over 45% in the next few years: "It is the most compelling trade…

Filip De Mott   


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Legendary investor Stanley Druckenmiller says copper is a great bet for the next 6 years because EVs, data centers, and missiles all depend on it

"These missiles all got enough copper in them and the world's getting hot that we just think the su…

Matthew Fox   


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A Jeff Bezos- and Bill Gates-backed metals company has discovered a massive copper reserve in Zambia

The California-based company, KoBold Metals, said the reserve will be the "world's biggest high-gra…

Aruni Soni   


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A key economic bellwether just fell into a bear market - and it's happened before every recession in the last 30 years

The price heading for its worst quarterly performance since March 2020, when the coronavirus pandem…

Zahra Tayeb   


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Gold prices are at yet another record high. That means rate cuts are coming soon.

Gold isn't the only metal that has surged in recent days. Copper and silver have also seen sharp pr…

Filip De Mott   


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Commodity prices from copper to wheat are collapsing - and that could flip global inflation into deflation, says SocGen

"The long and the short of it is that US CPI food price inflation is set to collapse into deflation…

Carla Mozée   


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Commodity prices have plunged back to pre-Ukraine war levels, in a sign that inflation is finally fading

Oil prices have slumped in recent days. Copper has dropped 30% from recent highs, while wheat has f…

Harry Robertson   


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Copper prices could soar 33% in the next year as global inventories hit lowest since 2008, top metals trader says

China's reopening and renewable-energy industries are accelerating demand, and prices may rise to $…

Filip De Mott   


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Invesco is launching an ETF tied to metals used in electric vehicles as prices for key materials soars

Invesco says its latest ETF will provide exposure to key EV metals, including aluminum, cobalt, cop…

Carla Mozée