Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
In consonance with the economic undulations prevalent in much of the developed world the steel market has been playing second fiddle. With whole of 2012 washed off in guess work about turnaround in the economic crisis in Europe and USA ...
Tags: flat steel market, flat steel, steel, steel prices
The paints and varnishes market in the BRIC (Brazil, Russia, India and China) countries was valued over US$29 billion in 2011, representing an increase of 56.3 percent from the value recorded in 2007, according to a new report released by ...
Tags: BRIC, paints and varnishes market, report, increase
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
The prospects for a pick up in China's economy are getting better by the week,with more signs that 2013 could be a strong year.It is good news for the Australian economy,which has slowed in the past year in the wake of a sharp fall in the ...
Tags: China's economy, Australian economy, iron ore, CEWC
According to a Barclays Capital survey of producers,consumers,traders and investors,a total of 75%of players in the Chinese base metals market believe that 1H13 will see better economic conditions than the second half of 2012.Iin a similar ...
Tags: Chinese base metals market, survey, Barclays, infrastructure spending
Reuters reported that consumption of copper cathode is likely to grow more slowly in China in 2013 cooling further after the pace of growth looks set to drop by at least a third this year. Senior metals executives said that demand for ...
Tags: copper cathode, export market Europe, world's top user of copper
Reuters reported that China's production of refined copper rose in November to a record high for the second straight month as more domestic manufacturers turned to local smelters for supplies that traders said were cheaper than imports. ...
Tags: refined copper, local smelters, smelters, copper industry
Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...
Tags: copper market, copper price, global economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
According to an analysis of the industry by Frost & Sullivan, huge infrastructure spending in the Middle East is driving strong demand for steel and fuelling investment in steel projects. Crude steel production in the Middle East has ...
Tags: huge infrastructure, steel, steel projects, rude steel production
10-12-2012 China's manufacturing activity grew in November for the second month in a row,according to the latest industry data. China's purchasing managers'index(PMI)reached 50.6 last month,up from 50.2 in October and 49.8 in ...
Tags: electrical electronics, China's manufacturing activity
Reuters reported that government infrastructure spending should help Zambia's economy grow faster over the next 2 years providing copper prices do not fall. Median forecasts from last week's survey of 13 economists show Africa's top ...
Tags: copper, Capital Economics, copper price
Neil Murphy. Photo courtesy of AdelaideNow.com.au. The South Australian Government should immediately investigate the introduction of toll roads to assist funding a number of key transport infrastructure projects vital to SA’s ...
China's manufacturing activity grew in November for the first time in 13 months, according to the latest industry data. The China HSBC Flash Manufacturing Purchasing Managers Index (PMI) rose to a high of 50.4 in November, the latest ...
Tags: manufacturing activity, industry, data, China