Industrial Metals

30 Jun 16
Govt expects auction of 30 mineral blocks by Aug
12:34 AM
The Union mines ministry expects 30 more mineral blocks to go under the hammer by August. ‘’NITs (notices inviting tenders) have been issued [for] 32 mineral blocks.
Aluminium makers worried by China's plans to raise output
12:00 AM
The possibility of China expanding its aluminium production and reviving old and inefficient potlines has piled up worries for the primary aluminium producers who are already battling a flood of cheaper imports from that country.
27 Jun 16
Making aluminium semis straight from hot metal saves big energy
10:34 PM
Aluminium is globally perceived as a 'green metal'.
25 Jun 16
Bets on commodities go awry
12:26 AM
Shock was the overriding sentiment in commodity markets on Friday after Brexit voting trends became clear.
23 Jun 16
Iron ore exporters hope for another rail freight cut
10:32 PM
Iron ore exports are expected to get a push with an anticipated 15 per cent cut in railway freight rates next month.“Abolition of the dual railway freight structure for iron ore has aided exports.
20 Jun 16
Base metal prices to inch up
04:57 AM
After strong rallies up to around mid-May, Metal Bulletin Research (MBR) has been saying for a while that June was going to be a nervous period for the base metals and financial markets in general.
14 Jun 16
Iron ore to fall on weak fundamentals
12:13 AM
Whatever delight the 2015-16 gross domestic product (GDP) growth might offer, India's steelmakers are destined to remain in the woods till the global steel industry gets rid of surplus capacity estimated at about 600 million tonnes (mt), of which half
09 Jun 16
Japan may seek WTO help to resolve India steel tariff dispute
02:20 PM
Japan said it may ask the World Trade Organization (WTO) to help resolve a dispute related to India's "safeguard" tariffs on the import of hot-rolled steel.
08 Jun 16
Base metals rise on dovish Fed talk
12:31 AM
Base metals consolidated recent moves, albeit marginally, in early Tuesday trade after a sharp rally on Monday on the US Federal Reserve's dovish stance on interest rate increases.
06 Jun 16
China's aluminium output data fail to carry conviction
10:34 PM
A line in a smelter with 300 pots once decommissioned will take around six months to be brought back into production stream.
03 Jun 16
Deepening deficit makes zinc one of 2016's top bets
04:32 AM
The Chinese smelters that churn out more than 40 per cent of the world's zinc may cut production for the first time in four years because they can't get enough raw material, further lifting prices of one of this year's strongest-performing commodities.
02 Jun 16
Iron ore at risk of losing all of 2016's gains
10:35 PM
Iron ore is at risk of losing all of this year's gains. Ore with 62 per cent content has sunk to $48.40 a tonne after posting the biggest monthly loss in about five years in May, according to Metal Bulletin Ltd.
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