Chinese electrolytic manganese metal prices fell this week, with most steel mills retreating from the spot market following weeks of restocking, sources said Platts assessed 99.7% manganese at $2,160-2,210/mt FOB China Thursday, down ...
Tags: steel mills, Spot Market
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
European Iron and Steel Institute Eurofer's report showed that the decline of the steel demand in the European market trend will continue until 2014. Institute announced that, due to the strict measures of EU economy and funding ...
Tags: Steel Demand, Steel, Steel Institute
According to the report of 'Eurofer' of European iron and steel association, the European market decline in demand for steel will continue into 2014. Association announced that because of the strict EU economic measures as well as funding ...
Tags: Steel, Steel Demand, Mineral, metal
The multi national mining company Rio Tinto has long promised that its proposed new copper mine near the small town of Superior, Ariz., would provide 4,000 jobs and economic salvation for a local population that has struggled to find work ...
Reuters reported that Base metal demand in India is likely to remain buoyant next week on a surge in construction activities during the winter season. However, due to an expected decline in automobile sales in December, demand for lead ...
Tags: metal demand, construction activities, automobile sales
Rio Tinto Group said that it is targeting savings of USD 5 billion by the end of 2014, while simultaneously boosting production at its iron ore, copper and alumina units. As per report Rio Tinto plans to cut the USD 5 billion in operating ...
Tags: Rio Tinto, iron ore, copper, alumina units
These are days of opportunity for metal thieves—and California is the Wild West of illegal metal trading.An aspiring young degenerate with a little nerve and a fast truck can turn a quick dollar at pop-up scrap yards that feed Asia's ...
Bloomberg reported that Japanese aluminium buyers look set to secure their first fee reduction from suppliers in a year as the economy continues to shrink. Aluminium fees have doubled over the last year hitting record highs on the back of ...
Bloomberg reported that aluminum buyers in Japan are set to secure the first fee reduction in a year from suppliers as the economy sinks into a recession. The executives said that premiums for the three months starting in January may drop ...
Tags: aluminum buyer, aluminum, Japan aluminum, fee reduction
Market Watch reported that BNP Paribas cut it outlook on base metal prices for next year but reiterated its view that demand for the metals should grow in 2013 as the global economic outlook brightens. The bank cut its 2013 copper ...
Tags: BNP Paribas, base metal price, metal price, metal demand