Copper Market

Global copper market to have a surplus of 155,000 tonnes in 2023, says ICSG

Three-month copper on the London Metal Exchange was trading around $7,363 a tonne on Wednesday having declined more than 30% on growing recession fears since scaling a record peak of $10,845 in March

Copper prices weaken on worries over China and global slowdown

Copper has given up 30% since touching a record peak in March but has largely held in a range between $7,200 and $8,000 since the end of August

Formation of mining conglomerate to enhance capacity: Hindustan Copper

Hindustan Copper CMD Arun Kumar Shukla suggested this to the government at a round-table discussion held during the 6th National Conclave on Mines and Minerals

Copper prices slide to 20-month low on economic slowdown fears

Rising US interest rates have pushed the dollar to its strongest in two decades, making dollar-priced metals costlier for non-US buyers and potentially dampening demand

Vedanta challenges Zambia's appointment of new Copper Mines liquidator

LUSAKA (Reuters) - Vedanta Resources has challenged Zambia's appointment of a new Provisional Liquidator for Konkola Copper Mines (KCM) following the resignation of the previous office holder.

Hindustan Copper Q2 profit after tax rises seven-fold to Rs 68 crore

The firm on Tuesday reported a seven-fold rise in consolidated profit after tax

Copper price rebounds as global energy crisis keeps roiling the market

Power shortages are forcing output cuts from China to Europe

How prolonged closure of Sterlite plant is impacting copper exports

The prolonged closure of its controversial Thoothukudi plant has had an unintended impact on the country's exports of the industrial metal

Hindustan Copper scales over 8-year high, surges 25% in 3 days

With the past three days' rally, the market price of HCL appreciated by 58 per cent over its QIP issue price of Rs 119.60 per share

Copper surges toward $10,000 as bulls swarm in to profits on global rebound

Producers worry that plans to boost mining royalties could stifle investment and make the country less competitive

Order book visibility signaling fresh aluminium, copper demand: Hindalco

Company reports higher-than-expected Q3 PAT at Rs 1,877 crore, up 77% YoY

Struggling before lockdown, copper manufacturers stare at meltdown

The anticipated economic slump is likely to weaken their prospects

Copper producers want waiver of 2.5% import duty on concentrates

China, Japan, Korea, European Union (EU) are already importing copper concentrate at zero duty

Margin pressure, global factors to impact copper industry's financials

LME copper prices started declining and have remained suppressed ever since the US-China trade war began

Copper in India to lose sheen due to demand-supply mismatch: CARE

India has emerged as an importer of copper ore and concentrates and imports more than 90 per cent of its concentrate requirements due to lack of copper mines in the country

Commodity outlook by Tradebulls Securities: Sell copper, nickel

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

Indian copper smelters feel the pinch as China laps up key ingredient

Reduced concentrate output globally and heightened demand from Chinese smelters are to adversely affect the supply of feedstock for Indian smelters

Value-added segment to help copper smelters offset margin pressure

Global smelters are negotiating conversion charges which indicate a decline from 2017 levels

Unregistered copper market causing Rs 500-cr loss to govt

Losses are majorly due to non-payment of taxes by the market

Copper's horde

Rio Tinto goes Genghis on the copper market