Industrial Metals

29 Jul 16
Japan says MIP on steel products violates WTO rules
12:24 AM
At the third meeting to review the Comprehensive Economic Partnership Agreement, Japan on Thursday protested against the imposition of a minimum import price (MIP) and safeguard duty on steel products.
28 Jul 16
IMFA ramps up output as ferro chrome demand firms up
07:06 PM
Ferro chrome.
Nickel futures rise by Rs 8.10 on spot demand
12:22 PM
Nickel prices were up by Rs 8.10 to Rs 708.10 per kg in futures market on Thursday as speculators raised their bets amid a firming trend at domestic market on the back of increased demand from alloy-makers.
Spot demand lifts zinc futures by 0.41%
12:22 PM
Zinc futures traded higher by 0.41% to Rs 146.75 per kg today as traders created speculative positions amid uptick in demand in the domestic spot markets and covering-up of short positions.
26 Jul 16
Zinc, the metal investors love this year, has an ugly sister
10:34 PM
They come from the same mines and are called sister metals, but investors are showing more affection for zinc than lead.
20 Jul 16
Offshore mineral exploration soon: Mines secretary
12:51 AM
India would soon start offshore exploration of rare minerals and relevant rules would be in place in three months, Mines Secretary Balvinder Kumar said on Tuesday.
18 Jul 16
Aluminium demand to touch five mn tonnes by 2020
01:30 PM
Aided by power and automotive sectors and the government’s ‘Make in India’ thrust, aluminium demand in the country is expected to touch five million tonne (mt) by 2020 and eight mt by 2025 up from 3.2 mt now.
13 Jul 16
Copper surges to $5,000/tonne on China demand
09:32 PM
Copper surged through $5,000 a tonne on Wednesday to its highest since late April as its imports to top consumer China remained solid in June and as investors bet Beijing will stimulate its economy further.
12 Jul 16
Global research houses revise commodity price outlook upward
10:31 PM
Global investment banks have started revising upward their price outlook for base metals, coal & oil, and precious metals. They see demand starting to outweigh supplies that were cut over the past few quarters.
11 Jul 16
Iron ore cargo zooms 523% through major ports
05:45 PM
In a reversal of trend, iron ire traffic in the country has started gaining momentum.
04 Jul 16
Downstream value addition gives Hindalco edge over competition
10:32 PM
Aluminium makers all over the world, including the three in India, have remained under pressure, as the global economy is struggling to get back on its feet from a rough ride now lasting over two years, halting recovery in London Metal Exchange (LME)
30 Jun 16
Bullish sentiment returns in base metals
12:35 AM
Bullish sentiment seems to have returned in base metals also following equities, currencies and precious metals doing well off late.
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