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Base metals prices on the London Metal Exchange were mixed but little changed this morning, Friday September 25, this after once again running into dip-buying on Thursday.
Despite the resumption of economic activities and signs of recovery in various sectors, paper mills are struggling to stay afloat as demand has not picked up yet, say industry operators. Sales of writing and printing paper, the key product of local mills, slumped 70 per cent to 15,000 tonnes per month since the detection of […]
US hot-rolled coil prices continued to hold their ground around $30 per hundredweight ($600 per ton) amid chatter that another round of mill price hikes could be rolled out late this month or early next.
Lithium market participants and observers have generally reacted positively to US electric vehicle maker Tesla’s recent announcements because they support the view that demand for the metal is likely to soar in the medium term, sources have said.
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