Iron ore price regains ground as China steel margins recover

Chinese media is reporting that a large deposit of silver has been found in the autonomous region of Inner Mongolia.

China plans to create several "super-large" coal mining companies by the end of 2020 as nation ramps up years of efforts to streamline the fragmented sector.

Cold weather is expected to hit regions across China in the coming week, bringing snow and rain that may cause disruptions at construction sites, one of the biggest consumers of steel.

The Bloomberg Commodity Index, which tracks returns on 22 raw materials, was poised for an unprecedented 15 days of gains on Thursday.

Beijing's clampdown on heavy industry continues to have positive impacts for miners outside the country.

Increased supply from Indonesia and subdued demand from China are the main drivers behind the downward trend.

Chinese supply-side reforms, environmental cuts translate into higher prices and less Chinese production, "both of which benefit ex-China producers."

Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.

This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group President Ian Bremmer says.