Eric Onstad

METALS-Copper hits two-year peak on speculative buying and China hopes

18 Sep 2020

LONDON, Sept 18 Copper touched its highest in more than two years on Friday as speculators extended their buying spree on a recovery in top metals consumer China while the dollar weakened.

Steel prices to keep rising on industrial rebound; margins soft

15 Sep 2020

LONDON Steel prices are set to keep rising in coming months as economies recover and demand picks up after being hit by the coronavirus pandemic.

METALS-Copper withers on doubts about further gains, ECB stimulus

10 Sep 2020

* Lead price sinks to one-month low (Updates with official prices, ECB decision)

GFG's aluminium business looks along supply chain for takeovers

07 Sep 2020

LONDON, Sept 7 Alvance, the aluminium business of British commodities tycoon Sanjeev Gupta, is on the lookout for takeovers to triple production and create a vertically-integrated group, its chief executive said on Monday.

Graphic: Speculators keep iron ore price sizzling, divorced from fundamentals

20 Aug 2020

LONDON Iron ore prices may extend their steep gains in coming weeks, buoyed by speculators and supply chain disruptions, but rising supplies are set to eventually undermine the rally.

Aluminium sector struggles to adopt common standards to cut emissions

12 Aug 2020

LONDON The aluminium industry, one of the metals sector's largest emitters of greenhouse gas, is struggling to adopt common standards on greener processing as rivals focus on promoting their own products rather than the wider green market.

METALS-Copper rebounds from three-week low on strong China data

03 Aug 2020

LONDON, Aug 3 Copper prices bounced off three-week lows on Monday after robust factory data in China raised hopes of recovering demand in the world's top metals consumer.

METALS-Copper slips on rising virus cases, economic worries

30 Jul 2020

LONDON, July 30 Copper prices slipped on Thursday as investor confidence was hit by a resurgence of coronavirus cases and more evidence of the economic impact of the pandemic.

Red-hot copper to lose steam as investors assess hard facts: Reuters poll

15 Jul 2020

LONDON/BENGALURU A sizzling rally that pushed copper prices to two-year highs will lose some of its heat in coming months as investors take a hard look at supply and demand fundamentals, a Reuters poll showed. <0#BASEMETALPOLL>

METALS-Copper pulls back from two-year peak as market eyes virus risks

14 Jul 2020

LONDON, July 14 Copper prices slipped on Tuesday after a steep rally on worries about rising coronavirus cases and friction between the United States and top metals consumer China.

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