A government-controlled exchange in east Zhejiang province is looking at joining the growing number of Chinese commodities exchanges hosting an e-trading platform for iron ore.
Copper and tin are likely to be the biggest near-term beneficiaries of improved apparent demand through the first half of 2013, with supply availability still limited, Macquarie said in a research note Friday.
Vale , the world's largest iron- ore producer, rose the most in a week after Chief Executive Officer Murilo Ferreira said the company will benefit from a recovery in Chinese construction and manufacturing.
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week stable to slightly lower on Friday, amid a pick up in fixture activity
Gold prices may reach all time high of $2,075 an ounce in December this year as mainland China's gold buying from Australia rose sharply, said Saxo bank in a commodity snippet.
Argentina's steel output in August grew by a wide margin from July but was still down sharply on the year as a number of factories shuttered operations to conduct maintenance.
August raw steel output totaled 379,900 metric tons, a 10.4% gain on the...
Earlier this week, the Supreme Court allowed 18 mines to resume operations in Karnataka, partially easing a 16-month ban on iron ore mining because of environmental concerns. The decision should help increase ore supplies to the domestic iron and steel...
Australia's resources minister, Martin Ferguson, has caused a stir with his assertion that the country's mining boom, one of the biggest drivers of its economic growth, is "over".
As he acknowledged, the state of the global economy has depr...
Despite weakening demand for iron ore from steel makers on slowing economy and construction works, and very week demand for cotton as the textile industry suffer, China continues to import massive amount of iron ore and cotton.
At a port in Qingdao,...
