The West Australian reported that BC Iron surged more than 9% after the iron ore miner raised USD 47 million in a placement at a premium as part of a deal with Fortescue Metals Group to take a bigger stake in its Nullagine JV project. BC ...
Tags: BC Iron, iron, steel, metel market
Reuters reported that Nickel prices may see a short term lift over the next several months due to a seasonal rise in demand for stainless steel, but next year's outlook is burdened by another market surplus. Nickel, a component in ...
Tags: Nickel prices, market surplus, seasonal rise
MINEWEB reported that Tanzanian Royalty Exploration headed up by mineral exploration entrepreneur Jim Sinclair, said it was creating a new company that would explore Tanzania's Kabanga metal belt for nickel, cobalt and platinum group ...
Tags: mineral exploration, new company, markets of India and China
Bloomberg reported that MMX Mineracao & Metalicos SA, the mining company controlled by billionaire Mr Eike Batista, led the Brazilian Bovespa index after saying it will sell BRL 1.37 billion of new shares, reducing funding concerns for its ...
Tags: iron ore price news, gold shares, stock market prices, stock and shares
The investment at B&T Steel a unit of Mississauga based Russel Metals Inc, will upgrade the company's two light and heavy gauge cut to length lines with new equipment to stretch and level coiled steel to suit customers' demands. The new ...
Tags: buy steel pipe, steel beam, steel plate, steel strip
Menmedia reported that a steel business is targeting growth after receiving a GBP 700,000 finance package from Yorkshire Bank. Radcliffe based Steel Dynamics was founded in September to supply stainless steel, duplex and nickel alloys to ...
Tags: Steel Dynamics, steel, stainless steel, nickel alloys
According to Assofermet, the Italian association of traders of iron, steel, non-ferrous metals, ferrous scrap, hardware and similar goods, in the month of November, prices of pig iron and other steelmaking raw materials recorded an uptrend ...
Tags: pig iron, iron, steel, ferrous metals, ferrous scrap
International Iron Metallics Association (IIMA) President Alberto Hassan, acting on behalf of the Board of Directors and Executive Committee, today announced the appointment of Stuart Horner as Secretary General, effective January 1, 2013. ...
Tags: Iron, Iron Metallics, metals, metallurgical
Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may trade under pressure amid stronger Indian rupee and rangebound movement in international market. LME Copper ...
Tags: base metals, international market, rangebound movement
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
RIA Novosti reported that Russian billionaire Roman Abramovich is buying a stake in mining and metals giant Norilsk Nickel to end a long-standing shareholder dispute over the company's corporate management. This follows an agreement ...
Tags: nickel, stock market news, buy stainless steel, mining
Shandong Nanshan Aluminium Company Limited has awarded SMS Siemag, Germany, a contract for the supply of a 1+5 hot rolling mill for aluminum alloys. Shandong Nanshan Aluminium is part of the Nanshan Group located in Longkou, China. The hot ...
Reuters reported that London copper rallied to its highest in six weeks as promising manufacturing data from top consumer China fuelled a cautious return in investors' appetite for the metal although worries over US fiscal woes kept a lid ...
Tags: scrap metal price, iron ore price news, copper market, copper scrap
Economy (i) Economic Development of Guangxi In recent years, Guangxi’s economy has maintained a rapid, steady and balanced development momentum. In 2005, GDP exceeded 400 billion yuan , 407.575 billion yuan to be exact, up by ...
Tags: Guangxi Zhuang Autonomous Region, survey, economy, investment