China’s Still Motoring Along
SMH reported far away from the anguish of Europe's debt contagion, the Chinese economy has been chugging along very nicely.
Articles Tagged "Europe"
Base Metals Fall China Exports, Europe Factory Data
Reuters reports base metals fell as weak export orders from China and surveys showing weak European manufacturing activity deepened worries.
Greece’s Ferronickel Producer Larco Forecasts Increased Profit
Bloomberg reports Larco SA forecast higher sales and profit in 2011 amid greater international demand for the metal and higher prices.
Nickel Prices Continue to Slide
Nickel is projected to be in a surplus over the next year and a half, as weak stainless steel demand has caused cuts in production. There are supporting factors as the market heads for its bottom.
Commodities Head for Biggest Monthly Decline in a Year on China, Europe
Bloomberg reports commodities headed for the biggest monthly drop in a year as concerns in China and Europe fanned speculation.
Nickel Prices Falling on Weak Demand
Nickel prices on the LME have been on a downward trajectory since March. Weakened demand for steel, increased production of nickel, and many manufacturers seeking substitutes may put create a surplus in 2011.
Portuguese, Greek Bonds Fall on Debt Concern; Stocks Drop, Metals Strengthen
Bloomberg reports that bonds of Europe’s most-indebted nations fell, stocks dropped and the yen, gold and silver climbed.
Yen Gains After Japanese Aftershock; S&P 500 Rises as Commodities Decline
Bloomberg reports that the yen strengthened and European stocks fell from a one-month high after an earthquake hit Japan.
Has nickel bottomed?
By Leia Michele Toovey-Exclusive to Nickel Investing News Nickel was one of the worst performing commodities last year, sinking from more than US $33,000 a tonne in March to below US $9,000 in October due to lower demand from steel makers. Late in the year, the industry was hit with a bunch of cutbacks- cutbacks [...]
Nickel risks further sharp plunge on slow demand
Nickel prices could drop another 25 per cent by the end of this year, unless orders from stainless steel producers in Europe increases in the next two to three weeks, industry sources and analysts reported. Wright was quoted as saying: If demand from the stainless steel mills does not pick up in the fourth quarter, [...]
