Searched for
SHFE STEEL FUTURES
Trading starts on LME's first contract from Shanghai exchange collaborationThe London Metal Exchange's new hot-rolled coil steel contract began trading on Tuesday, marking the first product from its collaboration w...
Commodity Radar: Zinc’s tight inventories bolster fundamentals; favourable charts hint at buying opportunity, says Religare analystZinc futures fell 0.8% on MCX to Rs 302.35 as traders cut positions amid sluggish domestic demand, even as global zinc prices rose on tight...
Commodity Radar: Zinc’s overbought condition to trigger near term consolidationZinc contracts on MCX rose 0.27% to Rs 294/kg, defying global declines. Supply shortages, low LME stocks, and refining bottlenecks supporte...
Commodity radar: Aluminium slips on Trump’s fresh tariff salvo. Opportunity to make up to 4% near-term gains. Here’s howAluminium prices slipped on MCX after Trump’s fresh 50% tariff on derivatives, though slower Chinese output and EU demand provide support. ...
Cribbing or happy about gold’s record-breaking rally? China is front and center of gold price surgeGold has surged to record highs above $2,400 an ounce in 2024, with China at the forefront of the remarkable ascent. Geopolitical tensions ...
Copper slips as China Covid hits industrial activityChina reported five new COVID-19 deaths for Dec. 19, compared with two on the previous day, increasing the nation's fatalities to 5,242 the...
China steel, copper inventories dip as demand recoversTotal steel product stocks in China stood at 37.05 million tonnes as of Thursday, according to Mysteel.
Aluminium leads the bull run in base metalsThe latest spike was a result of news of more than expected aluminium output cuts from China.
Further correction in aluminium prices mean more downside for HindalcoShares of Hindalco, an aluminium producer, have corrected 6% in the last two trading sessions after a sharp fall in the LME aluminium price...
Nickel bounces on supply worries, stainless steel marketNickel rebounded on Tuesday after two days of losses as worries persisted about supply from Russia and Indonesia while stainless steel buye...