According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
The rally in the gold price lost some steam on Wednesday, after traders booked profits from the metal's strong showing in February and a stronger dollar curbed demand. In lunchtime trade on the Comex division of the New York Mercantile ...
Tags: Gold Market, Precious Metals
The front-month Brent-WTI spread settled at a fresh five-month low of $6.48/barrel Friday, as steady drawdowns in crude stocks at the Cushing, Oklahoma, delivery hub have lent upside support to WTI, while Brent remains subdued. NYMEX ...
Tags: crude, Brent futures
Spot deals for Indonesian thermal coal were hard to come by as bids from both Indian and Chinese buyers are not firm due to rising freight rates, sources said Tuesday. "You can still sell coal to China, but prices are an issue," a ...
Tags: Thermal Coal, Mineral
Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...
Tags: Coal Market, Spot Pricing
Shimano Group reported net sales reached ?71.0 billion yen in the year ended Dec. 31, 2013, up 10.2 percent from 2012. The Japanese company said China's growing appetite for sport bikes more than offset lackluster demand in North America, ...
Tags: Sporting Goods, Recreation
As China's economy increase slows, the United States' demand growth for oil outstripped China's last year for the first time since 1999, according to the Paris-based International Energy Agency. According to an IEA report, US oil demand ...
Tags: Oil Demand, Mineral
The Chinese import price for Indian-origin ferrochrome (58-60% Cr) inched higher to 84-86 cents/lb CIF China Friday, from 84-85 cents/lb CIF a week ago, as Chinese buyers lifted their price ideas amid a strengthening Chinese yuan against ...
Tags: Origin Material, Chemicals
Rai Saheb Rekhchand Mohota Spinning & Weaving Mills Ltd swung to profit in the quarter and half-year ended September 2013 on back of robust yarn demand from China and better sales realizations with sharp depreciation in rupee against US ...
Tags: RSR Mohota, Textile
Gold prices fell 0.7 percent or $8.56 Wednesday to?$1,223.40 an ounce?as U.S. jobs data caused the dollar to rise and increased the appeal of stocks, according to Reuters. The dollar hit a one-month high in the aftermath of a jobs report ...
Tags: Gold, Gold Price Down
Mar. corn closed at $4.25, down 1 and 3/4 cents Jan. soybeans closed at $13.24, down 22 and 1/2 cents Jan. soybean meal closed at $441.20, down $6.80 Jan. soybean oil closed at 39.06, down 25 points Mar. wheat closed at $6.12 and ...
Tags: Corn, Soybean Prices
Chinese demand for lower-to-medium grade Indonesian thermal coal was stable, with a few deals being reported on Monday as buyers look to take deliveries of the cargoes before the Lunar New Year holidays, sources said. Two Handymax cargoes ...
Tags: Thermal Coal, Chinese Buyers
Mongolia on Friday unveiled a raft of new investment agreements with China--including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's ...
Tags: oil-exploration, crude-oil
Soaring demand from China has trigged a surge of exports in Australia's Victoria state. As surging demand for Victorian grain, beef and lamb was registered in China, the value of the state's farm and food exports has hit a record high of ...
Tags: Fuels Demand, Grain, Beef
China's appetite for coal, once seemingly unlimited, is starting to wane, and the effects are rippling far from the Middle Kingdom. With the world's second-largest economy, China in recent years has been driving demand for all sorts of ...
Tags: Coal, Metallurgy, Mineral, Energy