Tianjin Precious Metals Exchange's plan to start spot copper trading from March 17 would probably boost trade in the metal in northern China, industry observers said Thursday. There could be some movement in trading from eastern and ...
Tags: Copper Market, spot copper
Heilongjiang Province-based Chinese steelmaker Beiman Special Steel Co. has announced that it has signed a strategic cooperation agreement for 2014 with its largest customer, Baosteel Group Changzhou Roll Manufacture Company, a wholly-owned ...
Tags: Special Steel, Mineral
China's Ministry of Commerce late Monday announced a second list of companies that will receive part of the 5,387 mt of export quotas for silver in 2014. The ministry in mid-December released the first list of Chinese producers and ...
Tags: Silver Export, Metallurgy
China's alumina output is forecast to rise 13.8% year on year to 53.5 million mt in 2014, an analyst from state nonferrous information division Beijing Antaike said Friday. Realized alumina output totaled 47 million mt in 2013, according ...
Tags: Alumina Output, Mineral
Steel Dynamics, Inc. announced Tuesday fourth quarter net income of $55 million, or $0.24 per diluted share, on net sales of $1.9 billion. By comparison, prior year fourth quarter net income was $61 million, or $0.27 per diluted share, on ...
Flat glass prices fell .4 percent from November to December, according to the latest Producer Price Index Report issued Wednesday by the U.S. Labor Department. The dip in prices was hardly good news for the glass industry as it marked the ...
Tags: Flat Glass, Construction Glass
Construction materials prices expanded just 0.1 percent in December and are up 1.3 percent year over year, according to a January 15 Producer Price Index released by the Department of Labor. Nonresidential construction materials prices also ...
Nucor Corporation (NYSE: NUE) announced the successful start-up of production at our direct reduced iron (DRI) facility in St. James Parish, Louisiana. Production of DRI began on Tuesday, December 24, and has continued at planned ramp-up ...
Tags: steel, metallurgy
Even as one-fifth of the nation's electrolytic aluminum capacity lies idle, producers are adding new facilities - a combination that will mean a glut of the metal next year and falling prices, industry experts said on Tuesday. "China is ...
Chinese companies will face challenges in importing a key raw material for the electrolytic aluminum industry when the Indonesian government introduces new export policies, experts said. Wan Ling, manager of China nonferrous metals at ...
Tags: nonferrous metals, bauxite
China's electricity consumption grew 7.5 percent year on year to 4.83 trillion kilowatt hours (kwh) between January and November, according to the China Electricity Council (CEC). Use by primary industry totaled 93.5 billion kwhs, up 0.1 ...
Tags: electricity consumption, Mineral
It is reported that SMS Siemag, global leading equipment and service provider for metallurgical plant and rolling mill technology for steel, aluminum and nonferrous metal industry worldwide is about to make investment in Iran's steel ...
Tags: steel, metallurgy
China's Inner Mongolia Autonomous Region confirmed the discovery of nonferrous metals reserves including 2.2 million mt of copper, 9.04 million mt of lead and zinc, 3.64 million mt of molybdenum and 159.44 mt of gold from 2011 until October ...
Tags: Inner Mongolia, nonferrous metals
China produced 307.8 tonnes of gold in the first nine months of this year, an increase of 6.8 percent, or 19.608 tonnes, from a year earlier, the China Gold Association said on Wednesday. Of the total output, 253.155 tonnes came from gold ...
Tags: Gold Output, Gold Consumer
It is reported that according to state-owned nonferrous metals information division Beijing Antaike, galvanized steel sector is expected to account for 56% of China's refined zinc consumption in 2014. In 2008, galvanized steel sector ...
Tags: Galvanized Steel, Zinc Demand