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• Copper Spot News

  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit
  • LME’s plan to ditch sterling recognises need to adapt
  • Bullion, base metals and energy outlook by SMC Global
  • GEPL Capital`s view on bullions, base-metals, energy
  • Mining group Anglo sees little respite for copper supply deficit
  • BASE METALS: Copper Ends Near Flat On Mixed Economic Data
  • Copper down 1.13% on weak global cues
  • Check out best bets for crude, gold, copper
  • The doctor’s diagnosis on the great world economy
  • Persistent selling mars indices
  • World stocks, euro off lows on ECB easing hopes
  • US market exceedingly weak, buy gold on dips: Fat Prophets
  • Sterlite: Weak outlook priced in
  • Sterlite Industries, Hindalco hit 52-week low on falling copper prices
  • Copper to remain uninspiring, range-bound in short term
  • Hindustan Copper sees prices staying high

JSW Steel, part of the O P Jindal Group, has reported a growth of 14 per cent in its crude steel production in the first quarter of the current financial year over the corresponding period last year. The company produced 1.57 million tonnes of crude steel during the period. Click here to visit SME BuzzAlso [...]

According to a report released by Chinese steel giant Baosteel Corporation, the Chinese domestic steel market will see further declines in prices and sales volumes in the second half of 2010. The company also pointed out in its report that domestic steel demand as well as steel prices are already declining under the influence of [...]

LME Inventory Update Copper -2100MT Lead -325MT Zinc -300MT Nickel -666MT Aluminum -5875MT Tin -130MT.

LME Inventory Update Copper -2350MT Lead +500MT Zinc -25MT Nickel -456MT Aluminum +4700MT Tin +55MT.

NEW YORK July 6 – U.S. copper futures ended up at a one-week high on Tuesday, as improved risk appetite and a weaker dollar briefly boosted prices through the $3 per lb level, before a late reversal in equity markets dragged the red metal away from its session peak. For detailed report on global copper [...]

Sydney – Xstrata, the biggest exporter of power-station coal, resumed work on a A$6bn ($5bn) mine and Rio Tinto Group revived a study for an iron ore expansion after Australia reduced a planned resource profits tax, says Bloomberg News, citing the companies. Work and exploration will restart at three coal projects in Queensland state Zug, [...]

Rio Tinto Group, the world’s third- largest mining company, expects more mergers and acquisitions in the Australian iron ore sector as China seeks to secure supplies of the steelmaking material. Australian companies can’t finance all the iron ore projects by themselves and need external funds to develop, Sam Walsh, Rio’s iron ore chief executive officer, [...]

Commodities may extend the worst slump since 2008 this quarter after an advance in June proved short-lived, Barclays Capital said, citing trading patterns. The Reuters/Jefferies CRB Index of 19 raw materials ended the second quarter with a decline of 5.4 percent, the most since the final three months of 2008, after the first quarter’s 3.5 [...]

SINGAPORE July 7 – Shanghai copper was seen opening higher on Wednesday, while London futures dipped, paring the previous session’s rally of 2 percent as a run on the dollar to a six-week low slowed. FUNDAMENTALS * Three-month copper on the London Metal Exchange CMCU3 fell $34 to $6,570 by 0034 GMT. When Shanghai closed [...]

US mill order books are soft and delivery lead times have fallen to four weeks for hot rolled coil. Demand is slowly reducing, which is to be expected at this time of the year, MEPS said. The consultancy also noted that transaction prices have dipped in response to lower import offers and an anticipated increase [...]

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  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit

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