December 6, 2018

Vale says recent dip in global steel prices is temporary

Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.

December 5, 2018

Vanadium’s electric future hobbled by its industrial past

Supply scarcity and the resulting price volatility are the two biggest hurdles to vanadium's potential bright electric future.

December 3, 2018

China copper premiums slump to 18-month low as demand wanes

The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7% from Friday's levels to $62.50 a tonne, the lowest since June 2017.

December 3, 2018

Trade war relief for metals, but bull-bear battle rages on: Andy Home

The macro picture may have brightened just a little after the weekend meeting of the U.S. and Chinese presidents, but signs the global economy is losing momentum, do not bode…

December 2, 2018

What to watch in commodities: Trump-Xi, OPEC, iron, Tesla, crops

It’ll be an important week for iron ore, which has been badly beaten up in November.

November 30, 2018

China’s Chalco shuts 470,000 tonnes of aluminium capacity as price slump bites

China's biggest state-run aluminium producer has decided to make around 470,000 tonnes of annual output at units including Shanxi Huasheng and Shandong Huayu subject to "flexible" output arrangements.

November 27, 2018

China iron ore hits 4-1/2-month low, steel market under pressure

As steel prices slid, Chinese mills ran up losses for the first time in three years this month, ending years of solid profit margins.

November 26, 2018

Iron ore price craters 8%

Fears over slowing Chinese growth and impact of trade war with the US removes floor under iron ore price.

November 26, 2018

China’s steel slides into bear market; iron ore, coal hit by selloff

China's steel prices tumbled more than 5% to a five-month low as persistent worries over weaker demand pushed the sector into a bear market, sparking a selloff in raw materials…

November 26, 2018

Rio Tinto sells stake in Rossing uranium mine to China

The company is selling its 69%-stake in Rossing Uranium Limited, which owns the Namibian mine, to China National Uranium Corporation (CNUC).