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Metals

All articles tagged with #metals

Copper Soars Beyond 14,500 as Tariffs Tighten Global Supply
metals29 days ago

Copper Soars Beyond 14,500 as Tariffs Tighten Global Supply

Copper futures in London surged to a record above $14,500/ton as tariff front-running flooded US warehouses and tightened supply elsewhere. The move is described as a repricing of scarcity driven by weather, war, and policy, with three-month LME copper near $14,533/ton and the rally up about 17% this year and 47% over 12 months, underscoring that copper’s surge reflects tighter physical availability for data centers, grids, and electrification projects rather than a simple demand spike.

via Crude Oil Prices Today | OilPrice.com|
#commodities#copper#lme
Copper Climbs to Record Peak as Smelting Margins Erode
metals1 month ago

Copper Climbs to Record Peak as Smelting Margins Erode

Copper hit an all-time high on the LME amid a tight supply chain, but smelters are losing money turning concentrate into metal as TC/RC charges collapse to zero and spot rates turn negative. China remains the dominant processor, Indonesia expands capacity, and mine-supply constraints in Chile, Congo, and other regions, along with tariff-driven trade shifts, are reshaping who captures value in the copper market—pointing to a multi-year squeeze driven by ore control rather than refining margins.

via Crude Oil Prices Today | OilPrice.com|
#copper#metals#smelting
Tariffs Spark Volatility and a Supply-Chain Rebalance in North American Metals
business1 month ago

Tariffs Spark Volatility and a Supply-Chain Rebalance in North American Metals

The U.S. and Canada imposed reciprocal tariffs—50% on many Canadian goods and 15–50% retaliatory duties on U.S. imports—triggering a brief rally in metals stocks and related ETFs (e.g., Nucor, Steel Dynamics, Cleveland-Cliffs, Century Aluminum; SLX and XLB rose initially) that faded as uncertainty persisted. Analysts say the auto supply chain is highly integrated, so winners will be firms with domestic capacity and secure inputs, while others rework sourcing. The real story is how cross-border material flows will be reconfigured over 12–24 months, with warehousing and supply chains likely shifting to avoid tariff volatility. Moody’s and others will watch heavy manufacturing performance as the tariff landscape settles; year-to-date, the related ETFs have outperformed the S&P 500, underscoring the market’s focus on tariff-driven reallocation in metals and autos.

via CNBC|
#business#etfs#metals
Seismic Scan Reveals Metal-Rich Brine Beneath Active Caribbean Volcano
science1 month ago

Seismic Scan Reveals Metal-Rich Brine Beneath Active Caribbean Volcano

Oxford-led researchers used earthquake data from 1996–2007 across 23 stations to construct a 3D map under the Soufrière Hills volcano, uncovering a 1–1.5 km-wide, ~2 km-deep zone of fluid-rich, metal-bearing brine that could mark the beginnings of a new ore deposit and a geothermal resource. While promising, there’s still uncertainty about exact composition and concentrations, and extracting metals from an active volcano would be challenging; the study demonstrates a non-invasive way to identify such targets, published in Geophysical Research Letters (2026).

via ScienceAlert|
#brine#geophysics#metals
Scorpion weapons reshaped by metals: zinc at tips, iron and manganese along the rest
science5 months ago

Scorpion weapons reshaped by metals: zinc at tips, iron and manganese along the rest

Scientists mapped metal use in 18 scorpion species and found zinc concentrates at sting tips while manganese dominates down the stinger, with zinc and iron lining the inner cutting edge of pincers to boost durability; patterns vary by species according to hunting style, suggesting metal reinforcement evolves with weapon use. The study, using micro X-ray fluorescence microscopy, was published in the Journal of the Royal Society Interface (2026).

via ScienceAlert|
#metals#pincers#science
business7 months ago

Tech glitch freezes CME Globex metals and natural gas trading

CME Group halted trading in its CME Globex metals and natural gas futures and options markets due to technical issues. Natural gas futures and options will pre‑open at 12:45 Central Time and open at 12:50 Central Time as the firm investigates. All day orders and good‑till‑date orders for Wednesday were canceled, while good‑till‑canceled orders that had already been acknowledged would remain in place. CME said it is looking into the disruption.

via Investing.com|
#business#cme-group#futures
Early Universe’s Metal-Rich Dusty Galaxies Unearthed by JWST and ALMA
astronomy7 months ago

Early Universe’s Metal-Rich Dusty Galaxies Unearthed by JWST and ALMA

Astronomers using the James Webb Space Telescope (JWST) and the Atacama Large Millimeter/submillimeter Array (ALMA) have identified 70 dusty, star-forming galaxies at the edge of the observable universe, seen less than 1 billion years after the Big Bang. From an initial set of around 400 bright galaxies, JWST follow-up confirmed these candidates as metal-rich, suggesting that heavy-element production and star formation began earlier than current models predict, potentially reshaping our understanding of cosmic evolution and linking these galaxies to both ultrabright early systems and older, quiescent populations.

via Space|
#alma#astronomy#dusty-galaxies
Markets tremble as volatility spikes and metals slump
markets8 months ago

Markets tremble as volatility spikes and metals slump

A sharp wave of risk-off trading hit markets as gold and silver plunged (silver down as much as 30% and gold around 15% at one point) and bitcoin slid up to 10% to below $80,000, marking the strongest turbulence since November. Citi attributed broad risk-off flows and falling stock futures as traders weigh whether volatility signals a turning point. Retail buyers later helped metals recover over the weekend, and investors will watch if correlated assets move in tandem to gauge whether the choppiness persists or fades.

via Axios|
#bitcoin#gold#markets
US Stocks Set for Second Straight Decline as Metals Rally Pushes Havens Higher
markets8 months ago

US Stocks Set for Second Straight Decline as Metals Rally Pushes Havens Higher

US stock futures pointed to a second consecutive loss for 2026, with S&P 500, Dow, and Nasdaq futures down about 0.2%, as metals surged to record highs (gold and silver) and Bitcoin topped $95,000. The tone remained cautious ahead of earnings and Fed speakers, while European shares rose and oil steadied after a recent rally. Investors weighed geopolitical tensions and upcoming data against a backdrop of resilient demand for risk assets.

via Bloomberg.com|
#bitcoin#futures#markets