Ratings agency Fitch Ratings has revised some of its metals and mining price assumptions in line with what it sees as commodity prices being set to benefit in the short term from returning demand, as well as slow supply response and low inventories.

The Production of Stainless Steel is Incredible

It is reported that China's biggest steelmaker Baosteel has planned to raise its February delivery prices for main steel products. Baosteel's pricing strategy usually sets the tone for the rest of the market.

It is reported that Gerdau, the biggest producer of steel long product in Brazil, is expecting some recovery in steel demand in Brazil by 2016 due to weak economy activity and uncertain scenario in the short term.

China's bloated steel industry will continue to experience tough times this year despite years of government efforts to address overcapacity in the sector, the Ministry of Industry and Information Technology (MIIT) said on Feb 5th..

LME nickel price reached to the bottom and has been bouncing back already.

China’s steelmakers have suffered severe losses. Along with banks string loaning services, in the first 5 months of 2014, the major steel mills’ profit were detracted from the downturn compare to last year.

People acknowledge China's commodities demand - fueled by a boom in the last decade - is easing. This slowdown is hitting iron ore markets. Platts estimates consumption of steel grew 2.6 percent in the first two months of this year, compared with 9.8 perce...