The drop follows a sharp decline in February shipments as a result o Read more.Meanwhile, ferro-molybdenum prices were up after earlier gains in offshore raw material markets.Houston, 23 January (Argus) — US raw steel production fell by 0.8pc in the latest week from a week earlier, driven by lower output in the northeast, Great Lakes and midwest.Houston, 11 January (Argus) — Vancouver-based Copper Mountain Mining is targeting 75-85mn lbs of copper output in 2017, roughly in line with its output last year.The DLA has offered two lots of domestic origin low-carbon ferro-chrome cont Read more.The Economist explains Why the oil price is falling. Though it does not export crude oil, it now imports much less, creating a lot of spare supply.Base metals imports rose to 78,440t in January from 51,934t a year earlier, according to the latest trade data from the Commerce Depar Read more.The closures have led to 1,200-1,500 worker layoffs Read more.Adds context, reaction and comments from President Donald Trump Washington, 15 March (Argus) — President Donald Trump has taken the first step toward weakening US fuel-economy standards projected to lift the efficiency of cars and trucks by 40pc by 2025.
This follows the installation of X-Ray Transmission (XR Read more.Houston, 3 February (Argus) — US east and west coast export yard buying prices dropped this week amid a fall in domestic mill prices for February deliveries and weak containerized scrap export markets.London, 5 January (Argus) — Freight rates for scrap cargoes from European and US east coast ports to Turkey continued to slide downwards this week with sentiment cooling into the typically quiet first quarter.London, 13 February (Argus) — Chinese hot rolled coil export offers rose today in tandem with the overall surge in prices for steel products in the country, which was fuelled by anticipation of restocking activity ahead of the spring construction season.Houston, 27 February (Argus) — Nymex crude futures rose today amid further signs Opec is making progress in restoring balance to an oversupplied market by adhering to a plan to curb output.
Zorba was also flat as buyers of zorba are still unable to make adequate sales of their ingots to Japan.London, 18 January (Argus) — Chinese domestic billet prices in Tangshan fell for the second consecutive day because of slowing sales.The pickup Friday in copper came on the back of strong US nonfarm payroll numbers and news of a strike at a major copper mine, the third major mine stoppage in Read more.London, 17 January (Argus) — Rio Tinto aluminium production rose 10pc in 2016 to a record 3.65mn t, as the modernised Kitimat smelter in Canada operated at nameplate capacity for three quarters running.Three-month copper prices on the London Metal Excha Read more.New York, 23 December (Argus) — US high-carbon ferro-manganese increased in the latest week amid tight supplies and rising ore prices.Houston, 24 January (Argus) — Mill-grade aluminum scrap spreads were weaker Tuesday in the US as London Metal Exchange prices climbed to highs last seen in 2015 and some well-supplied mills purchased scrap at a lower percentage of a soaring midwest transaction price.Houston, 5 January (Argus) — Daily stainless steel scrap processor buying prices rose Thursday in line with an uptick in nickel prices on the London Metal Exchange (LME) and a soaring ferrous scrap market.New York, 9 January (Argus) — US high-carbon ferro-chrome prices were up in the latest week amid high costs for replacement alloy from Turkey and Russia.
This live WTI Light Sweet Crude oil price chart shows current 24 hour spot oil prices in 10-second, minute, ten-minute, hourly, daily and weekly intervals.New York, 15 March (Argus) — US selenium prices rallied for a fourth week, driven by thin near-term availability.London, 19 January (Argus) — London-based tungsten miner W Resources is securing financing for the equipment needed to expand its flagship La Parrilla tungsten mine in Spain.Market participants held back from new transaction activity due to their uncertainty over future Read more.
Houston, 18 December (Argus) — Mexico launched antidumping investigations into imports of cold rolled flat steel products from China and Taiwan after two steel producers alleged the imports entered the country at below fair market value and harmed national producers.Billet premiums also remained unchanged as producers and merchants continue to concentrate on value-added billet sales rather t Read more.Houston, 4 January (Argus) — Premiums for primary aluminum in Europe dropped in very weak trading over the past week amid holidays.Johannesburg, 17 January (Argus) — Australian base metals explorer Red River Resources announces further high grade assays at its Thalanga zinc project in Queensland which is scheduled to start production in the second half of 2017.Antimony Suppliers and traders attempted to raise prices but met with almos Read more.In Rotterdam and Germany prices for 304 solids scrap fell to 53-54 Read more.Sao Paulo, 15 February (Argus) — Mediation talks aimed at ending a six-day strike at the Escondida copper mine in Chile have been postponed because of a scheduling issue.Johannesburg, 8 March (Argus) — South Australia-focused metals explorer Havilah Resources is shifting its strategy towards cobalt and copper development, backed by cash flow from its existing gold mining operations, the company said.Mexico City, 2 March (Argus) — A new 900MW combined-cycle power plant in Pesqueria, Nuevo Leon state, Mexico, has started supplying electricity to Mexican steel mills.
Beijing, 20 January (Argus) — Chinese state-owned Grinm Advanced Materials (Griam), one of the leading advanced material enterprises in the non-ferrous metals sector, has forecast a sharp rise in profit for 2016.Houston, 22 March (Argus) — Used aluminum beverage can spreads were weaker Wednesday as well-supplied consumers did not hike buying prices in-step with higher terminal markets.The Anglo Australian resources group took the decision because work Read more.Crude Oil Prices, Crude Oil Charts, Crude Oil historical prices, Crude Oil History, Crude Oil News Articles.Data by the US Geological Survey (USGS) show US molybdenum in concentrate production for October 2015 fell by 25pc from Read more.Houston, 26 January (Argus) — Premiums for full-plate and 4x4inch cut nickel cathodes were unchanged in the latest week amid limited trading across Europe.Houston, 7 February (Argus) — US mill Novelis shipped 3.7pc less flat-rolled aluminum in the third quarter of fiscal 2016 compared with a year earlier, as sales volumes slid in all regions except for Europe.
Houston, 25 January (Argus) — Comex copper prices edged higher Wednesday as equities continued to climb, with the Dow Jones Industrial average breaking the 20,000-level for the first time, while the dollar weakened.Houston, 28 February (Argus) — Crude futures fell on expectations of rising supplies from Nigeria and Libya, and a likely further build in US inventories.Johannesburg, 14 March (Argus) — Perth-based metals developer Prospect Resources has significantly upgraded the mineral resource at its Arcadia lithium deposit in Zimbabwe and is weeks away from completing a pre-feasibility study on the project.New York, 9 February (Argus) — Worldwide silicon wafer area shipments rose by 3pc in 2016 to set a record for a third year in a row.The indicated mineral resource has been increased to 40.3mn t grading 1pc lithium oxide from the prev Read more.Houston, 20 March (Argus) — Iron ore producer Mesabi Metallics, formerly Essar Steel Minnesota, received a court approval that enables it to process to an April confirmation hearing to emerge from bankruptcy.Houston, 21 March (Argus) — Stainless scrap processor buying prices were up Tuesday for nickel-bearing grades as processors look to build inventories in anticipation of strong consumer demand expected in April.
Beijing, 28 December (Argus) — Chinese private-sector company Jiangxi Jiangling Group New Energy Automobile, a subsidiary of Jiangling Motor, is to start production of pure electric vehicles.New York, 18 January (Argus) — US selenium prices declined in the latest week, in line with cheaper imports from China.
Houston, 23 February (Argus) — Comex copper dropped lower on Thursday amid concerns that China, the worlds largest consumer of copper, may be looking to stabilize its property market with a new nationwide property tax.View the latest MCX Crude oil Rate in India, MCX Current Crude oil Price in India, MCX Live - Todays Crude oil Rate, Crude oil Charts, Crude oil News, Contract.Houston, 14 March (Argus) — Premiums for grade A copper cathodes fell in Europe in the latest week amid weak physical trade and as oversupply of cheap scrap cuts into demand for cathodes.Steel production in the three countries was 8.9mn metric tonnes (t), unchanged from Read more.New York, 9 March (Argus) — US imports of major noble alloys climbed by 41pc during January from a year earlier, reflecting higher ferro-molybdenum and ferro-vanadium levels.New York, 14 February (Argus) — US silicon metal prices settled flat for a third week amid minimal spot market trading.Service center steel shipments totaled 3.13mn net tons (nt) (2.84metric tonnes) compared with 3.18nt a year earlier, according to data released today by Illinois-base Read more.Total output rose by 17.1pc in October-December to 3,529t from 3,013t in the previous thre Read more.The project officially opened this week, but produced ferro-manganese from Read more.
Houston, 25 November (Argus) — Weak demand for metals and falling prices have hurt operating margins at scrapyards, causing 70-100 facilities owned by medium to large sized recyclers in the US to close since the beginning of the year.Beijing, 19 January (Argus) — Chinese antimony producers are preparing to or have halted production as the lunar new year holiday approaches, tightening spot market supply.London, 6 February (Argus) — Domestic billet prices in China dropped today as a result of limited trading activity, as most market participants continue to return from the lunar new year holiday.
Houston, 22 February (Argus) — Molybdenum-bearing 316 stainless steel scrap processor buying prices rose Wednesday amid tight supply and solid demand.New York, 7 March (Argus) — Supply constraints prompted cobalt suppliers to lift their offer prices for a ninth straight week.New York, 2 February (Argus) — Pennsylvania-based specialty metals producer Carpenter Technology shipped 6.4pc fewer alloys and engineered products in its second fiscal quarter ending 31 December from a year earlier.Houston, 1 March (Argus) — The US Commerce Department today levied duties as high as 209.46pc on imports of steel concrete reinforcing bar (rebar) from Japan, and set lower duties on imports from Turkey and Taiwan.Houston, 21 February (Argus) — US aluminum scrap spreads were wider Tuesday as higher all-in prices for the metal caused more material to be on offer by suppliers while consumers are well-supplied for the near-term.
Sao Paulo, 16 February (Argus) — Toronto-based mining firm Sierra Metals increased its output of copper and zinc in 2016 while lead production fell against the previous year.Perth, 12 January (Argus) — Australian metals explorer Plymouth Minerals is drilling at its San Jose lithium project in Spain towards establishing a JORC-compliant mineral resource estimate.Traders do not expect discounts to generate significant amounts of new spot business which led to prices staying unchanged.The company expects to produce 1.6mn-1.7mn t of ferro-chrome this year from the So Read more.New York, 1 February (Argus) — US prices for indium declined in the latest week following a persistent lack of demand since the start of the year.Johannesburg, 23 January (Argus) — Hong Kong and Sydney-listed metals group MMG increased its copper and lead output in 2016, but zinc production was lower.Perth, 29 December (Argus) — Sydney-based Silver Mines increases its ownership of the Bowdens Silver project in New South Wales to 100pc.Central economic planning agency NDRC and the industry, environment and land resources ministries will conduct investigations across the country, guided by a Read more.Still, demand from its primary end-market, automotive, is not expected to increase.