Mark Burton
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Commodities Face Contagion As Global Market Meltdown Deepens
Commodities from copper and gold to crude oil plunged as a global meltdown in financial markets broadened, with traders rushing to cash out of profitable trades and place fresh bearish bets across industrial raw-material markets.
- Tuesday August 6, 2024
- Author: Mark Burton, Alex Longley, Sana Pashankar, Devika Krishna Kumar
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Commodities Face Contagion As Global Market Meltdown Deepens
Commodities from copper and gold to crude oil plunged as a global meltdown in financial markets broadened, with traders rushing to cash out of profitable trades and place fresh bearish bets across industrial raw-material markets.
- Tuesday August 6, 2024
- Author: Mark Burton, Alex Longley, Sana Pashankar, Devika Krishna Kumar
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Copper And Gold Close In On Records As Metals Mayhem Continues
Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel.
- Friday May 17, 2024
- Author: Mark Burton, Yvonne Yue Li, Guillermo Molero
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BHP Mega Bid And $10,000 Copper Expose Mining’s Biggest Problem
Spending on new copper mines has declined in recent years. CRU says more than $150 billion is needed to plug supply gap.
- Monday April 29, 2024
- Author: Mark Burton
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Gold's Record-Setting Rally May Have Its Roots In Chinese Frenzy
Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.
- Wednesday April 24, 2024
- Author: Mark Burton, Sybilla Gross, Yvonne Yue Li
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The Gold Market Hunts For Answers Behind Bullion's Sudden Surge
Gravity defying rally has confused seasoned analysts. Gold prices have surged since February to new all-time highs.
- Monday April 8, 2024
- Author: Mark Burton, Jack Ryan, Yvonne Yue Li
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The Gold Market Hunts For Answers Behind Bullion's Sudden Surge
Gravity defying rally has confused seasoned analysts. Gold prices have surged since February to new all-time highs.
- Monday April 8, 2024
- Author: Mark Burton, Jack Ryan, Yvonne Yue Li
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U.S. Moves To Restore Stockpiling ‘Panic Button’ In EV Metals Fight With China
Washington’s efforts have so far had limited success, and some mining executives complain of a lack of coherent strategy at a time when metal prices are falling.
- Tuesday February 20, 2024
- Author: Mark Burton, Joe Deaux, Michael J. Kavanagh, Jennifer A Dlouhy, Annie Lee
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U.S. Moves To Restore Stockpiling ‘Panic Button’ In EV Metals Fight With China
Washington’s efforts have so far had limited success, and some mining executives complain of a lack of coherent strategy at a time when metal prices are falling.
- Tuesday February 20, 2024
- Author: Mark Burton, Joe Deaux, Michael J. Kavanagh, Jennifer A Dlouhy, Annie Lee
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Tata Steel To Shut Down Loss-Making Blast Furnaces In The UK
Tata Steel Ltd. shares rose more than 2% in Mumbai on Friday after reports that the Indian company is set to shut loss-making blast furnaces in the UK.
- Sunday January 21, 2024
- Author: Swansy Afonso, Mark Burton
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Tata Steel To Shut Down Loss-Making Blast Furnaces In The UK
Tata Steel Ltd. shares rose more than 2% in Mumbai on Friday after reports that the Indian company is set to shut loss-making blast furnaces in the UK.
- Sunday January 21, 2024
- Author: Swansy Afonso, Mark Burton
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18 Minutes Of Trading Chaos Which Broke The Nickel Market
It was 5:42 a.m. on March 8 in London when the nickel market broke. At that time of day, bleary-eyed traders are typically just glancing at prices as they swig coffee on their way to the office.
- Friday December 8, 2023
- Author: Jack Farchy, Alfred Cang and Mark Burton, Bloomberg Businessweek
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18 Minutes Of Trading Chaos Which Broke The Nickel Market
It was 5:42 a.m. on March 8 in London when the nickel market broke. At that time of day, bleary-eyed traders are typically just glancing at prices as they swig coffee on their way to the office.
- Friday December 8, 2023
- Author: Jack Farchy, Alfred Cang and Mark Burton, Bloomberg Businessweek
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LME CEO Says Stability Has Returned As Nickel Crisis Recedes
The chief executive of the London Metal Exchange says he’s optimistic that the 146-year-old trading venue is beginning to move on from the nickel crisis that threatened to destroy it.
- Saturday October 7, 2023
- Author: Mark Burton, Jack Farchy
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The Aluminum Market Is Creaking as Traders Brace for Excess Stocks
Spot aluminum prices have been trading at the biggest discount to futures on the London Metal Exchange since the global financial crisis, as weak demand for one of the most widely used industrial commodities reignites fears of a glut of unwanted Russian metal.
- Friday August 11, 2023
- Author: Mark Burton, Archie Hunter, Jack Farchy