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  • Hindalco Industries keeps longer term focus on growth Aug 11, 2022 09:52 AM IST

    Hindalco Industries keeps longer term focus on growth

    Aluminium business likely to face headwinds with LME prices correcting, and cost of production increasing due to the higher coal cost for the September 22 quarter.

  • Copper Worth Nearly Half a Billion Dollars Goes Missing in China Aug 04, 2022 06:08 PM IST

    Copper Worth Nearly Half a Billion Dollars Goes Missing in China

    A group of Chinese companies are investigating why a commodities storage site in northern China is holding only one third of the copper concentrate they were financing, according to people familiar with the situation.

  • Copper futures gain on robust demand Jul 07, 2022 02:53 PM IST

    Copper futures gain on robust demand

    Analysts attributed the rise in copper prices to the raising of bets by participants

  • SBI, other PSU banks commit Rs 6,071 crore to Adani Group for copper business Jun 27, 2022 11:01 AM IST

    SBI, other PSU banks commit Rs 6,071 crore to Adani Group for copper business

    "Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd (AEL), is setting up a greenfield copper refinery project for production of refined copper with 1 million tonnes per annum in two phases," the company said in a statement.

  • Dr Copper’s falling prices indicate more ailments on the cards for global economy Jun 25, 2022 07:01 AM IST

    Dr Copper’s falling prices indicate more ailments on the cards for global economy

    LME Copper prices hit record highs at $10,845/tonne in early March 2022 but are now down more than 21 percent to $8,595/tonne

  • Commodities fall as copper posts sharpest weekly drop since March 2020, helping global stocks escape red Jun 24, 2022 01:48 PM IST

    Commodities fall as copper posts sharpest weekly drop since March 2020, helping global stocks escape red

    Commodity prices showed signs of settling down as copper, a metal which has applications across industries and construction activities, saw its sharpest weekly fall since the pandemic-induced jolt to economic activity in March 2020. The commercial metal slid three percent in Shanghai and seven percent for the week.

  • Chilean miners strike at copper giant Codelco; government plays down impact Jun 23, 2022 09:32 AM IST

    Chilean miners strike at copper giant Codelco; government plays down impact

    The Federation of Copper Workers (FTC), an umbrella group of Codelco's unions, said 50,000 workers were expected to strike, including staff and contractors after the Ventanas smelter was shuttered despite calls for investment to keep it open.

  • Hindalco Industries: Focus on growth May 27, 2022 11:39 AM IST

    Hindalco Industries: Focus on growth

    Going ahead, the company may feel pressure on margins, given the higher coal cost

  • Dr Copper is giving a big warning signal to equity markets! May 26, 2022 09:50 AM IST

    Dr Copper is giving a big warning signal to equity markets!

    The macro as well as the technical picture suggest that a breakdown in copper prices is likely in the coming months, which implies a worsening of financial conditions globally

  • Investors are doubling down on Copper, Cobalt mines in Zambia & Congo May 13, 2022 02:32 PM IST

    Investors are doubling down on Copper, Cobalt mines in Zambia & Congo

    Straddling the border of Zambia and the Democratic Republic of Congo, a vast forested area roughly the size of Portugal contains one of the world’s richest caches of minerals: copper for wires and cables, and cobalt for rechargeable batteries.

  • Oil, gold & copper prices correct | Impact of low demand, Russia-Ukraine crisis & Fed's May meet Apr 22, 2022 12:47 PM IST

    Oil, gold & copper prices correct | Impact of low demand, Russia-Ukraine crisis & Fed's May meet

    Commodities market observes weekly losses in crude oil, natural gas, gold and copper. Watch Manisha Gupta and Karunya Rao discuss the implication of these weekly losses and what is next to come.

  • Commodities come off highs, but stay on the higher side of range Mar 14, 2022 11:37 AM IST

    Commodities come off highs, but stay on the higher side of range

    The prices of several commodities have slipped on March 14 as diplomatic efforts were made to end the crisis.

  • What does interest rate hike cycle by US Fed mean for metal stocks? Feb 17, 2022 09:19 AM IST

    What does interest rate hike cycle by US Fed mean for metal stocks?

    Investors in metals need to keep a close watch on Chinese policy, post Olympics

  • Hindalco Q3: Higher pricing of aluminium, copper helped; Novelis took a breather Feb 11, 2022 09:35 AM IST

    Hindalco Q3: Higher pricing of aluminium, copper helped; Novelis took a breather

    In FY23, Hindalco is likely to focus on growth capex on the back of an increased free cash flow

  • Do rising iron ore prices indicate a recovery in steel? Feb 09, 2022 09:42 AM IST

    Do rising iron ore prices indicate a recovery in steel?

    Apart from speculation, there are underlying fundamentals that support a rise in iron ore prices

  • Tuticorin copper smelter facing severe damage, needs critical maintenance work, Vedanta tells Supreme Court Nov 29, 2021 03:11 PM IST

    Tuticorin copper smelter facing severe damage, needs critical maintenance work, Vedanta tells Supreme Court

    With the Tuticorin region expected to continue to receive heavy rainfall, the need for carrying out maintenance work for the plant’s assets and structure becomes critical, the company stresses.

  • Hindalco Industries: Strong all-round performance Nov 15, 2021 09:59 AM IST

    Hindalco Industries: Strong all-round performance

    Hindalco is likely to be the beneficiary of higher aluminium and alumina prices, a higher proportion of value-added copper sales, and a stable earnings and cash flow from Novelis operations

  • India's copper import rises 26% in Q1; momentum expected to continue further: Report Sep 19, 2021 04:35 PM IST

    India's copper import rises 26% in Q1; momentum expected to continue further: Report

    Karmakar said given the strong demand emanating from various sectors, copper imports may increase by 30 percent year-on-year between July and March.

  • Chile copper giant Codelco plans India, SE Asia push to trim reliance on China Jul 21, 2021 08:10 PM IST

    Chile copper giant Codelco plans India, SE Asia push to trim reliance on China

    The firm will open a new office in Singapore to help lead the push around the region to deal with clients in Vietnam, Malaysia and Thailand, among others, it said.

  • Copper prices are expected to trade lower today: Angel Commodities Jul 14, 2021 09:53 AM IST

    Copper prices are expected to trade lower today: Angel Commodities

    According to Angel Commodities, On the MCX, Copper prices are expected to trade lower today.

  • Copper prices slide below $9,100/tonne; correct over 15% from lifetime high Jun 21, 2021 05:36 PM IST

    Copper prices slide below $9,100/tonne; correct over 15% from lifetime high

    The momentum indicator Relative Strength Index (RSI) is at 31.14, which indicates a bearish movement in prices.

  • India's mineral production up 37% in April: Mines Ministry Jun 18, 2021 09:29 PM IST

    India's mineral production up 37% in April: Mines Ministry

    The production level of important minerals in April 2021 includes, coal 516 lakh tonnes, lignite 31 lakh tonnes, natural gas (utilised) 2,583 million cubic metre, petroleum (crude) 25 lakh tonnes, bauxite 16.61 lakh tonnes, chromite 6.36 lakh tonnes and gold 120 kg.

  • Copper price jumps as investors lap inventory at lower level, dollar slips Jun 04, 2021 07:26 PM IST

    Copper price jumps as investors lap inventory at lower level, dollar slips

    The non-ferrous metal has been trading higher than 50, 100 and 200 days' moving averages but lower than the 5 and 20 days’ moving average on the daily chart.

  • Copper price tumbles on weak demand prospect, firm dollar; gives negative breakout Jun 03, 2021 07:27 PM IST

    Copper price tumbles on weak demand prospect, firm dollar; gives negative breakout

    MCX Copper has given a negative breakout from the rising trend line channel, price is expected to trade negatively, said Axis Securities.

  • Copper prices subdued after touching resistance zone; lower inventory and weaker dollar lend support Jun 01, 2021 08:10 PM IST

    Copper prices subdued after touching resistance zone; lower inventory and weaker dollar lend support

    The momentum indicator Relative Strength Index (RSI) is at 57.18, which indicates a mildly bullish movement in prices.

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