10.08.2016 - Metals up
Mining metals and affiliates were up on average by 3.9% last week, according to RBC, with molybdenum leading the charge and fellow steel-making ingredients coal and iron ore hot on its heels. The strengthening and hardening agent was up 11.7% for the week, while metallurgical coal was up by 10% and iron ore by an analyst-defying 8.8%. Thermal coal continued to grow on the back of forced shut downs in China, up 8.1%, while uranium showed some long-overdue form to move up by a solid 4%...............................................Full Article: Source
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