Optimistic Base Metals Outlook Amidst China’s Economic Pressures
The intricate dance of base metals pricing continues, influenced by China’s economic stimulus efforts. A glimpse into the 24-member Politburo meeting of the Chinese Communist Party reveals intentions to support a sluggish economy. The real estate sector is in focus, along with bolstering consumption and managing local government debt. While an eagerly anticipated large-scale stimulus […]
ShreeMetalPrices: US Restricts China’s Semiconductor Exports: India and Vietnam may see benefits
The newest upheaval is the U.S ban on semiconductor exports to China. Which is driving manufacturers to consider moving part of their chipmaking capacity to nearby countries India & Vietnam .However, experts told that it is unlikely that the global competition for chipmaking dominance will be disturbed by the Biden administrations and restrictions on China’s […]
ShreeMetalPrices: Copper Price international outlook for 2023
Copper widely seen as a leading indication of economic health, has had a difficult year. However, despite the fact that the global outlook is still incredibly uncertain, analysts predict a recovery for copper in 2023.The energy crisis brought on by the conflict between Russia and Ukraine, China’s severe Covid-19 lockdowns. And a depressed real estate […]
ShreeMetalPrices: US midterm elections 2022: Why do they matter so much?
The results of the US election on November 8 could significantly affect the course of the country as well as the future of the individual as well as the party in control of the White House. The midterm elections determine who controls Congress in addition to state legislatures and governorships; Joe Biden isn’t on the […]
ShreeMetalPrices: Global Economic Crisis and Weak Demand Continue to put Stress on Metal Prices.
As the demand outlook worsens and the global economy experiences issues as a result of rising interest rates. Analysts who follow commodities predict that metal prices will likely be under stress for the rest of the year.Metal prices, which have been falling over the past two weeks, have been further hampered by China’s efforts to […]
ShreeMetalPrices: Should Indian Automakers also Start Purchasing Mining Companies in their Hunt for Lithium, Cobalt, and Nickel?
Indian manufacturers may run into difficulty if they decide to mass market EVs due to low investments in the batteries supply chain as demand for EVs rises. As several four-wheeler manufacturers try to introduce affordable EVs into the market, India is likely to witness significant growth in the two and three-wheeler segments, where EV adoption […]
ShreeMetalPrices: The Global Economy Will Face a Great Copper Squeeze
Since March, The price of Copper, which is used in everything from power systems and air conditioners to computer chips and Electric Motors, has been decreased. Investors are dumping stocks out of concern that a worldwide economic downturn will reduce demand for a metal associated with expansion and growth. Although you wouldn’t know it by […]
ShreeMetalPrices: Energy – Scarce, Europe is seeing a return of coal, Driving up prices
As Moscow cuts off vital pipeline flows,. Return of Coal is once again emerging as a crucial energy supply for European nations scrambling to replace increasingly scarce natural gas. Russia uses its energy exports as payback for sanctions,. Europe is ensnared in a rising energy crisis. In order to guarantee their energy sources before winter […]
ShreeMetalPrices: 7 largest gold producers in the world
According to the latest records China is the largest gold producer in the world. But before we read more about the largest gold producers of the world, let’s try to explore and understand where and when did the gold production first took place. It is assumed that gold mining has been achieved for nearly 7,000 […]