The London Metal Exchange (LME) will include ores and metal products in a new electronic system for tracking material stored outside its registered warehouses and may later expand to other commodities, an executive said.
[Ferro-Alloys.com] According to Custom’s Statistics, China imported ferronickel of 62581.866t in November, an increase of 159.9 percent year over year. From January to Novenber, China totally imported ferronickel of 625927.427t, an increase of 145.35 percent ...
According to International Nickel Study Group (INSG), shortage in global nickel market was 400 tons in October compared to surplus of 8,500 tons in September.
[Ferro-Alloys.com] In December 15, representatives from nickel industrial contact group, coupled with domestic nickel producers, held the first nickel commucation conference in Beijing. The proposal released that 11 main ferronickel makers pledged to cut produ...
Based on its revised, weaker global growth expectations for 2016, softening demand, the strength of the dollar and continued uncertainty surrounding metal demand in China, Moody’s Investor Service expects base metals prices to remain under pressure to the dow...
The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...