China’s steel body expects iron ore port congestion to ease by end of August
The China Iron and Steel Association said that discharging difficulties are likely to ease as the weather improves and the coronavirus is under control.
Companies’ low valuation, the current focus on operational efficiency in the mining sector, and the chase for overseas assets by Chinese investors, are pushing deals up.
Canadian mining and metals deals plunged 51% in terms of value and 13% when it comes to volume in the first quarter of 2014. Yet results show a sustained improvement, says EY's latest report.
July silver rose 1.3%, to $19.80 following a positive report by the Silver Institute and the London Silver Market Fixing's announcement that it will end price fixing on Aug. 14.