Articles Tagged "recovery"

India copper futures gain recovery on global leads

As per analysts’ report, India’s copper futures recovered on Tuesday buoyed by global leads, but a strong rupee kept a lid on gains. Praveen Singh, an analyst with Sharekhan Commodities, stated: Copper would trade on the higher side on the back of a weak dollar, rebounding equities. For full story, click here

Caterpillar shows recovery signs

US mining equipment manufacturer Caterpillar announced that its largest customers are looking for a return to growth in the mining industry in the next 18 months and view the price of copper as a key indicator of a turnaround. Mr Chris Curfman, president of Caterpillar’s global mining division, said: It’s really the copper price that [...]