Molycorp(NYSE:MCP)are leading re ticking higher early amid new 2013 rare earth quotas set in China over the weekend. China's Ministry of Land and Resources(MLR),announced that the first production quota for rare earths this year will be ...
Tags: REE stocks, MLR, export quotas, China
NICKEL is on track to end 2012 as the worst performing base metal and 2013 doesn't look much better. In fact, the only hope for existing nickel producers is that some of the emerging operations strike technical problems in their ...
Tags: Nickel needs project, Nickel needs, Nickel, base metal, nickel pig iron
The sharemarket ended its winning streak yesterday on concerns that stimulus measures in the US may be scaled back sooner than expected. The minutes of the Federal Reserve's policy meeting of last month showed disagreement among members ...
Tags: sharemarket, stimulus measures, US, Federal Reserve
The sharemarket fell today, led by resources stocks after minutes of the Federal Reserve's December policy meeting sparked concern US stimulus measures might be scaled back sooner than expected. The Fed minutes, released Thursday, showed ...
Tags: sharemarket, resources stocks, Federal Reserve, Fed minutes
According to local sources, the stainless steel product stocks in the Chinese Foshan market totaled 117,166 tons in the last 10 days of December, decreasing by 3.13% from the previous 10 days. Among them, 54,624 tons were cold rolled ...
Tags: local sources, stainless steel, product stocks, Chinese Foshan market
London copper rose more than 2% on Wednesday, headed for its biggest daily rise since mid-November, as the US Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper ...
Tags: London, copper, copper consumption, metal induatry
Japanese buyers have agreed an aluminium premium of USD 240 per tonne with Rio Tinto Alcan for some January to March shipments, down from a record this quarter, reflecting easing demand as the world’s third largest economy slips into ...
Tags: aluminium premium, Japan, Rio Tinto Alcan, aluminium
Business Recorder reported that Pakistan Steel Mills Board of Directors has directed the management to obtain the opinion of Ukrainian contractors regarding the possibility of damage to the Coke Oven Battery-1 if it is preserved ...
Tags: PSM, Coke Oven Battery, Pakistan, Ukrainian
The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
Tags: sharemarket, 2013, US, fiscal cliff
The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...
Tags: sharemarket, US politicians, fiscal cliff, stocks
The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...
Tags: Local Stocks, Fears, US, Fiscal Impasse