According to the data provided by the Turkish Statistical Institute, in October this year Turkey's ferroalloy imports rose 14.9% compared to the previous month and were up 22.7% compared to October 2011, totaling 42,981 metric tonne. The ...
Tags: Turkey, ferroalloy, imports, October
Khaleej Times reported copper rose in London before a report that may show manufacturing in China increased, adding to speculation of recovering demand by the biggest buyer. Copper for delivery in three months gained 0.2% to USD 7,933 a ...
Tags: copper, London, copper demand, copper market
Bloomberg reported that copper gained after workers at BHP Billiton Ltd's Escondida mine in Chile turned down a wage proposal, threatening a stoppage at the largest copper mine. Metal for delivery in March climbed as much as 0.9% to ...
Tags: BHP Billiton Ltd, copper, futures
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals in October this year Brazil's iron ore exports amounted to 26.9 million metric tonne,rising by 22.5%YoY and up three ...
Bloomberg reported that trading in iron ore swaps, used to bet or hedge on the future cost of the steelmaking commodity, rose almost threefold to a record this year as prices slumped to the lowest in nearly three years before rebounding. ...
Tags: iron ore, steelmaking commodity, future cost, SGX AsiaClear
Bloomberg reported that steel reinforcement bar futures climbed to a five month high, heading for the best quarterly performance in two years, on optimism that a recovery in the real estate market in China, the biggest user may boost ...
Tags: steel reinforcement bar, real estate market, China, steel
Private company Sichuan Hanlong Company, after the approval of Anshan Steel s biggest ever expansion plan on iron ore mines, is in view of a partnership with state owned enterprises to build up a major iron ore mine in western Africa. ...
Tags: Sichuan Hanlong Company, Anshan Steel, iron ore, mining
According to the Turkey's Steel Exporters'Association,Turkey's total steel product exports amounted to 1.66 million metric tonnes,rising 10.6%MoM and down 5.7%compared to the same month of the previous year,with a total revenue of USD 1.26 ...
Tags: Turkey, Steel, TSEA, Middle East
A Chinese steel company is set to open a pipe mill this spring,bringing hundreds of jobs to an area already thriving from the oil and gas industries and injecting a multi-billion dollar boon to surrounding cities and towns over the next ...
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
In a report out this week Norwegian analysts at Arctic Securities suggest Chinese iron ore imports are set to spike.The news comes as iron ore inventories at Chinese ports stand at their lowest for more than two years. According to ...
Tags: iron ore, AID, Arctic Securities, China
The bi monthly SteelBenchmarker TM Chinese HRB ex works price rose 1.4%to USD 525 per tonne,after falling two consecutive times.The World export HRB price was flat at USD 553 per ton,FOB the port of export,after rising four consecutive ...
Proactive Investors reported that iron ore miners appear set for a sustained bull run as iron ore prices resurge after declining five straight months on the back of strong Chinese growth and falling inventories. Fortescue Metals Group was ...
Tags: China, Iron Ore, Proactive Investors, iron ore prices, metal market
Angang,a large steel maker in the world in terms of crude steel output,announced CNY 18.6 billion investment plan to expand 7 existing mines,construct 3 new mines and update 2 tailings reservoirs in a hope to raise its iron ore independency ...
Tags: Angang, steel maker, analyst, iron ore
Business Recorder reported that the Federal Board of Revenue has decided to collect adjustable sales tax at 5%on the value of imported goods or INR 1600 per metric tonne,whichever is higher,on the import of re meltable iron and steel scrap. ...
Tags: FBR, STSPR, sales tax, steel scrap, Pakistan