Fresh high for iron ore price as Chinese steel breaks records

Shanghai analyst also sees creditors taking over projects of highly-leveraged producers.

Since the mid-1970s and until today the US held the world’s largest net oil importer position.

Country's export volume likely to follow a downward trend.

Search and rescue team looks for two missing people.

Chile's copper production is up year-over-year despite tough global economic conditions.

The world’s largest commodities trader said more details about the pending deal will be revealed on Tuesday. Meanwhile, it faces claims of supplying Iran with key ingredients for the manufacture of tubes used in uranium enrichment centrifuges.

The commodity was down 2% at 7:50 a.m. E.T on Friday, which means the red metal price has already fallen 4.7% this year.

The country's recovery from an economic downturn slowed down last month.

Millions of dollars worth of gold and silver are sitting in landfills waiting to be reclaimed.