Iron ore prices are at risk of falling to their lowest level since 2009 as increased supplies from Australia and Brazil boost a global surplus and prompt the closure of some higher-cost Chinese suppliers.

Seven domestic rare earth companies have formed an industrial alliance to sue Japan's Hitachi Metals for its patent monopoly in the United States.

China plans to cut on-grid power tariffs to reflect a fall in coal prices, a move that may put more pressure on power generation companies, a newspaper said Aug 7th.

The government has approved two major rare earth producers to become conglomerates by the end of this year in order to further consolidate the rare resources, combat smuggling and alleviate overcapacity in production.

South Korean steel giant Posco announced to cut its domestic prices for austenitic stainless coils by 100,000 won/ton for August due to weak market conditions during summer holiday, in spite of higher nickel prices.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in June 2014, an increase of 3.1% compared to June 2013.

China’s announcement that rare earths export quotas for the second half of 2014 are the same as 2013, show the country’s reluctance to comply with WTO’s ruling. However, the moderate increase in quotas compared to H1 2014 suggests a slowly reviving demand i...

The International Trade Administration (ITA) of the U.S. Department of Commerce (DOC) said Jul 11th that it has issued a final decision to impose anti-dumping duties on oil pipe exporters from Taiwan and other countries in Asia, Europe and the Middle East.