Category Archives: Industry news

Links to notable metals news freely available on the web, aggregated for your convenience.

China to slash 27 million tons outdated steel capacity in 2014

Posted on May 9, 2014 by jvbmetals | Comments Off on China to slash 27 million tons outdated steel capacity in 2014

Stainless steel mills in China, Taiwan stop offering export prices

Posted on May 9, 2014 by jvbmetals | Comments Off on Stainless steel mills in China, Taiwan stop offering export prices

BNP Paribas sees LME aluminum at $2,000/t by mid 2015

Posted on May 9, 2014 by jvbmetals | Comments Off on BNP Paribas sees LME aluminum at $2,000/t by mid 2015

Iron Ore Slumps to Lowest Since 2012 as Global Surplus Deepens

Posted on May 9, 2014 by jvbmetals | Comments Off on Iron Ore Slumps to Lowest Since 2012 as Global Surplus Deepens

Nickel Set for Biggest Weekly Gain Since 2009 on Supply

Posted on May 9, 2014 by jvbmetals | Comments Off on Nickel Set for Biggest Weekly Gain Since 2009 on Supply

Guinea’s Simandou iron ore deposit stuck in legal quagmire

Posted on May 9, 2014 by jvbmetals | Comments Off on Guinea’s Simandou iron ore deposit stuck in legal quagmire

Iron Ore Prices Mystify Mining Executives | WSJ.

Posted on May 9, 2014 by jvbmetals | Comments Off on Iron Ore Prices Mystify Mining Executives | WSJ

Nickel soars to two-year high on Goro mine halt, shortages

Posted on May 8, 2014 by jvbmetals | Comments Off on Nickel soars to two-year high on Goro mine halt, shortages

US steel mills finalize May scrap buys, shredded stays down $15/lt

Posted on May 8, 2014 by jvbmetals | Comments Off on US steel mills finalize May scrap buys, shredded stays down $15/lt

West Australia government considers sale of coal, iron ore shipment facilities

Posted on May 8, 2014 by jvbmetals | Comments Off on West Australia government considers sale of coal, iron ore shipment facilities

Goldman Sachs stays bearish on copper price outlook in 2014, targets $6,200/mt

Posted on May 8, 2014 by jvbmetals | Comments Off on Goldman Sachs stays bearish on copper price outlook in 2014, targets $6,200/mt

China says to shut 28.7 mln T of steel capacity this year

Posted on May 8, 2014 by jvbmetals | Comments Off on China says to shut 28.7 mln T of steel capacity this year

China, Japan scramble for nickel after Indonesian ban

Posted on May 8, 2014 by jvbmetals | Comments Off on China, Japan scramble for nickel after Indonesian ban

Nickel suppliers bring briquettes to Rotterdam

Posted on May 8, 2014 by jvbmetals | Comments Off on Nickel suppliers bring briquettes to Rotterdam

China to close more steel capacity, though still small fraction

Posted on May 8, 2014 by jvbmetals | Comments Off on China to close more steel capacity, though still small fraction

Japan’s stainless steel exports up 12% in March ’14, says MoF data

Posted on May 8, 2014 by jvbmetals | Comments Off on Japan’s stainless steel exports up 12% in March ’14, says MoF data

Erdenet copper concs spot TC/RCs surge

Posted on May 8, 2014 by jvbmetals | Comments Off on Erdenet copper concs spot TC/RCs surge

Mine M&A Set to Double as China Returns in Coal to Copper Deals

Posted on May 8, 2014 by jvbmetals | Comments Off on Mine M&A Set to Double as China Returns in Coal to Copper Deals

China Extends Commodity Buying Tear – WSJ.

Posted on May 8, 2014 by jvbmetals | Comments Off on China Extends Commodity Buying Tear – WSJ

China copper imports rise to 450,000 tonnes in April – customs

Posted on May 8, 2014 by jvbmetals | Comments Off on China copper imports rise to 450,000 tonnes in April – customs

Hydro decides on permanent closure of Kurri Kurri aluminium plant

Posted on May 8, 2014 by jvbmetals | Comments Off on Hydro decides on permanent closure of Kurri Kurri aluminium plant

Vale Suspends Output at Goro

Posted on May 8, 2014 by jvbmetals | Comments Off on Vale Suspends Output at Goro

China says to shut 28.7 mln T of steel capacity this year

Posted on May 8, 2014 by jvbmetals | Comments Off on China says to shut 28.7 mln T of steel capacity this year

China April copper imports rise around 7 pct on month

Posted on May 8, 2014 by jvbmetals | Comments Off on China April copper imports rise around 7 pct on month

Daily iron ore price update (doomsaying)

Posted on May 7, 2014 by jvbmetals | Comments Off on Daily iron ore price update (doomsaying)

China running down its steel glut

Posted on May 7, 2014 by jvbmetals | Comments Off on China running down its steel glut

Mexico launches dumping investigation against Chinese wire.

Posted on May 7, 2014 by jvbmetals | Comments Off on Mexico launches dumping investigation against Chinese wire

Natural-Resource Equities Could Provide Better Inflation Hedge than Commodities

Posted on May 7, 2014 by jvbmetals | Comments Off on Natural-Resource Equities Could Provide Better Inflation Hedge than Commodities

COLUMN-Bulls lose patience with zinc’s slow-burn story: Andy Home

Posted on May 7, 2014 by jvbmetals | Comments Off on COLUMN-Bulls lose patience with zinc’s slow-burn story: Andy Home

Swedish iron ore miner LKAB signs annual pellet deals at $36/dmt: source

Posted on May 7, 2014 by jvbmetals | Comments Off on Swedish iron ore miner LKAB signs annual pellet deals at $36/dmt: source

Newmont Indonesia to cut Batu Hijau copper output from June on export permit delay

Posted on May 7, 2014 by jvbmetals | Comments Off on Newmont Indonesia to cut Batu Hijau copper output from June on export permit delay

INTL FCStone sees iron ore support at $100 a ton; resistance at $115

Posted on May 7, 2014 by jvbmetals | Comments Off on INTL FCStone sees iron ore support at $100 a ton; resistance at $115

CME May Have Tough Time Attracting Interest in Aluminum Contract | WSJ.

Posted on May 7, 2014 by jvbmetals | Comments Off on CME May Have Tough Time Attracting Interest in Aluminum Contract | WSJ

Aluminum moving into first annual deficit in six years: JP Morgan

Posted on May 7, 2014 by jvbmetals | Comments Off on Aluminum moving into first annual deficit in six years: JP Morgan

China’s pig iron prices marginally up as steelmakers stay away from spot market

Posted on May 7, 2014 by jvbmetals | Comments Off on China’s pig iron prices marginally up as steelmakers stay away from spot market

Q1 molybdenum exports from Chile jump 21% year on year to 10,502 mt

Posted on May 7, 2014 by jvbmetals | Comments Off on Q1 molybdenum exports from Chile jump 21% year on year to 10,502 mt

Midwest shredded scrap trading continues at down $15

Posted on May 7, 2014 by jvbmetals | Comments Off on Midwest shredded scrap trading continues at down $15

Iron Ore Miners in China Seen Squeezed by Rising Seaborne Supply

Posted on May 7, 2014 by jvbmetals | Comments Off on Iron Ore Miners in China Seen Squeezed by Rising Seaborne Supply

Patchy Power Challenges Indonesia’s Minerals Ambitions

Posted on May 7, 2014 by jvbmetals | Comments Off on Patchy Power Challenges Indonesia’s Minerals Ambitions

First Nickel says two workers dead at Sudbury mine

Posted on May 7, 2014 by jvbmetals | Comments Off on First Nickel says two workers dead at Sudbury mine