Industriemetalle News

 

Copper Tops $14,000 As US Stockpiling Drains Global Supply Ahead Of Trump's Tariff Call Copper strength has returned to the London Metal Exchange this week as futures top $14,000 a ton. Another leg higher could be imminent, pushing prices into blue-sky territory as traders weigh tightening global supplies against robust metal inflows into the US ahead of President Trump's expected tariff decision. The Commerce Department was expected to deliver its tariff recommendation by June 30, but no decision has been announced. On national security grounds, the agency is expected to impose import levies of up to 50% on semi-finished and derivative copper products under Section 232. The policy aims to protect domestic manufacturing and reduce foreign reliance, addressing supply chain risks from major exporters like Chile, Peru, and Canada. Bloomberg reports more than 200,000 tons of copper flowed into US ports in July, the largest ever monthly inflow in data going back to 2014. High US prices have kept ...

CEO Adam Vida talks to IntelliNews about Edortech's ONLi platform and its ambitions to build a European supply chain for next-generation batteries....

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KOBE (dpa-AFX) - Kobe Steel Limited (KBSTY.PK, 5406.T), a Japanese steel maker, on Wednesday revised up its annual net sales guidance to reflect higher selling prices in the materials businesses a......

Supplies of an ultra-refined form of the metal used in fighter jets are tight after drones damaged a UAE plant....

SEOUL (dpa-AFX) - Korea Zinc Co., Ltd. (010130.KS), a general non-ferrous metal smelting company, on Wednesday reported higher net income in the second quarter compared with the previous year. For......

A US government-backed consortium has been picked as the favored candidate to invest in a large nickel project in Tanzania, as the Trump administration looks to fund new supplies of key metals....

Glencore Plc reported a steep jump in profits after a surge in the price of its most important commodities and its trading unit had one of its best ever periods as the Iran war sent energy prices soaring....

KOBE (dpa-AFX) - Kobe Steel Ltd. (KBSTY.PK) reported earnings for first quarter that Dropped, from last yearThe company's earnings totaled JPY12.199 billion, or JPY30.87 per share. This compares w......

Copper futures in New York traded just short of an all-time high, as investors awaited a decision on US tariffs, while also tracking a push to reopen the Strait of Hormuz that lifted demand for risk assets....

Kupfer ist das neue Öl. Stromnetze brauchen es. Rechenzentren brauchen es. E-Autos brauchen es. Die Nachfrage explodiert – das Angebot hinkt hinterher. Die Lager leeren sich. Der Preis? Kurz vor dem Allzeithoch!...

WASHINGTON (dpa-AFX) - On Tuesday, Steel Dynamics, Inc (STLD) announced the appointment of Theresa Wagler as President and Chief Executive Officer of the company, effective January 1, 2027, as Mar......

Hitzewellen, Starkregen und Dürren: Das globale Wetterphänomen El Niño fällt in diesem Jahr besonders heftig aus. Das hat Folgen für die Weltwirtschaft – und die Menschen....

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Iron Ore Below $100 As UBS Warns "Fundamentals Are Deteriorating" Iron ore futures in Singapore fell to their lowest intraday level in one year as deteriorating fundamentals continued to weigh on the market. Steel demand in China remains soft amid an ongoing construction slump and weakening mill margins, while supply continues to increase, reinforcing expectations of a growing surplus. Bloomberg noted earlier that the latest concerns surrounding major physical trader Radiant World added another layer of uncertainty, but the bigger bearish narrative remains centered on lackluster demand failing to absorb rising supply. The outlet adds more color: Vitol Group and Cargill Inc. have stopped doing business with Radiant World, a privately held company, amid concerns over fake invoices, Bloomberg News reported on Friday. In addition, Intesa Sanpaolo SpA and Jefferies Financial Group Inc.'s Point Bonita fund were reviewing exposures to the company. Radiant World — which has grown in rece...

Bereitet der Kupferpreis den großen Ausbruch vor? Der Boden scheint bereitet. Ist Kupfer das nächste Metall, das in den Rallyemodus schaltet? Eine Bestandsaufnahme....

The EU & The Iron Law Of Oligarchy Authored by Stephen Soukup via American Greatness, Along, long time ago—27 years, to be exact—my boss (the inimitable Mark Melcher) and I predicted that the European Monetary Union would be the death of the EU. The Euro, we wrote for our clients at a now-defunct big brokerage house, would be a disaster and would destroy everything that the post-war Europeans had spent the previous several decades working to build. Specifically, we wrote: Psst! You wanna know a secret? The Euro, and the mess it represents, is going to be a social, economic and political catastrophe. Indeed, we think it is probable that the adoption of the Euro will be to 21st century Europe, what the killing of the Archduke Franz Ferdinand was to 20th century Europe; i.e., that point in time when history will record that the unraveling began in earnest. Exaggeration? Hyperbole? Well, maybe. But maybe not. You see, the problem isn't, as most critics claim, simply that the “policy mak...

TOKYO (dpa-AFX) - Nippon Steel (5401.T) reported first quarter profit attributable to owners of the parent of 75.299 billion yen versus a loss of 195.833 billion yen in the prior-year quarter. Dil......

The US Department of Defense has canceled a tender to purchase lithium for its strategic stockpiles, in another apparent sign of the challenges it faces in trying to bolster supplies of critical minerals....

Copper advanced to the highest in two months, approaching $14,000 a ton in London as traders monitored ballooning volumes of the metal in the US ahead of a decision on import tariffs by President Donald Trump....