Iron ore prices have been hurtling along in December at an amazing pace even outracing the finished price levels. Whopping 18% growth in December has baffled all market estimates. On the hindsight finished market could creep merely 1%. ...
Tags: Iron ore, iron ore prices, iron ore market, iron ore industry
According to preliminary government data,steel imports increased in November compared to October by 2%.Mr David Phelps president of AIIS said that"Steel arrivals continue to limp ahead with demand essentially unchanged when the November ...
Tags: steel, steel import, AIIS, NAFTA, US
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis data,the American Iron and Steel Institute reported that steel import permit applications for the month of December totaled 2,358,000 net tons. This was a ...
Tags: Commerce Department, MISI, Steel import, US
For a country with one of the largest reserves of natural resources in the world,the transformational potential of India's resources sector is immense.The sector has the potential to add USD 1 trillion to the Indian economy that can ...
Tags: economy, natural resource, greenfield exploration, poverty, India
Bloomberg reported that copper fell by the most in two weeks,paring a weekly gain,as industrial metals dropped after US Federal Reserve policy makers said they will probably end their USD 85 billion monthly bond purchase program sometime ...
Tags: Bloomberg, copper, US Federal Reserve
Scheduled to be sent to the Brazilian congress in April 2011,the country's new mining regulatory framework is still waiting for the government to draw up three bills to regulate the sector. Local miners are not surprised by the continued ...
In an interview with ET Now,Mr CS Verma CMD of NMDC,shares his business outlook and talks about the iron ore price cut. Q-There is a surprise move because the street was probably expecting a rise in prices.Why this 6%cut? A-We take a ...
There is no single rare earth element market. Instead, the rare earth universe is made up of four or five distinct "critical rare earth" markets that should be the focus for investors today. Even with new mine supply and refining capacity ...
Tags: Jack Lifton, rare earth element market, Metallurgy, Mineral
The next two weeks will be a "make-or-break" period for $4/Mcf natural gas prices this winter, and forecasts of warmer-than-normal weather across the eastern US during the period are pointing to "break," energy investment bank Tudor ...
Tags: January, natural gas prices, gas, Mineral
A recent pipeline expansion has turned the former import point at Niagara into a net exporter of US gas to Canada, creating renewed price volatility in the process as traders sort through the new market dynamic. On November 1, Tennessee ...
Tags: Gas Border Hub, Niagara, gas, Mineral
Iraq is still considered Jordan’s best market for exports ahead of Saudi Arabia, India and the United States, according to the Amman Chamber of Industry (ACI). According to ACI statistical report, Jordanian exports to Iraq by the ...
Tags: Iraq, Largest Importer, Jordanian Products, Mineral
Russia's crude oil production hit a record high of 518 million mt (10.4 million b/d) in 2012, preliminary data released Wednesday by the energy ministry's Central Dispatching Unit showed, as the country cemented its position as the world's ...
Tags: Russia, crude oil production, oil, oil industry
Exoma Energy has been forced into a rethink after a subsidiary of Chinese state-owned offshore company CNOOC failed to receive Beijing's approval for a planned subscription to a parcel of shares in the Australian coalseam gas junior. ...
Tags: Exoma Energy, CNOOC, gas, gas industry
Coal traders returned to their posts on Wednesday, snapping the streak of low volume sessions in the US over-the-counter thermal coal market since the Christmas holiday. Central Appalachian barge and rail (CSX) contracts, as well as ...
Tags: coal market, US, coal, coal industry, swap products
Spot coking coal prices in Asia-Pacific were either steady or slightly higher Monday depending on the coal type amid positive trends in steel and iron ore prices. Price moves in metallurgical coal remained limited, however, as there ...
Tags: coking coal, coking coal prices, metallurgical coal, Asia