Iron ore price down on growing fears of weak demand in China Chinese steel mills scale back output while nursing losses from high inventories and sluggish steel orders. MINING.COM Staff Writer | July 11, 2022 | 10:27 am
Copper price hits a 20-month low on recession fears Money manager positioning on the CME copper contract is as bearish as it has been since Q1 2020, according to Reuters columnist Andy Home. MINING.COM Staff Writer | July 11, 2022 | 8:42 am
Iron ore price down as China’s steel industry sounds alarm over crisis conditions China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand. MINING.COM Staff Writer | July 8, 2022 | 8:44 am
Copper price up supported by pullback in the dollar Head of the IMF said the outlook for the global economy had "darkened significantly" since April. MINING.COM Staff Writer | July 7, 2022 | 8:03 am
Iron ore price falls on China covid woes, recession fears Goldman Sachs expects the metal price to average $100 per tonne in Q2 2022. MINING.COM Staff Writer | July 6, 2022 | 9:03 am
Copper price lowest since November 2020 on economic slowdown worries Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment. MINING.COM Staff Writer | July 5, 2022 | 8:11 am
Copper price below $8,000 as slowdown fears mount "Inventories for metals are shrinking to multi-year lows." MINING.COM Staff Writer | July 4, 2022 | 12:35 pm
Iron ore price tumbles as China’s demand outlook darkens Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather. MINING.COM Staff Writer | July 4, 2022 | 11:34 am
Copper price heads for biggest quarterly plunge since 2011 "We still see metals falling as a recession in the US is fully priced in," said Commerzbank analyst. MINING.COM Staff Writer | June 30, 2022 | 8:08 am
Iron ore price down despite China’s move to ease covid curbs "Market participants want to see actual demand rising, rather than officials talking about it." MINING.COM Staff Writer | June 29, 2022 | 9:33 am