The London Metal Exchange (LME) will include ores and metal products in a new electronic system for tracking material stored outside its registered warehouses and may later expand to other commodities, an executive said.
[Ferro-Alloys.com] In Dec. 15th, The International Nickel Study Group published Tuesday that global nickel surplus shed to 6800t. During the first ten months, global nickel surplus is 67100t, accounting for 4 percent of the annual demand. Nickel oversupply dir...
The Queensland government has not made any decisions on whether to bail out embattled Queensland Nickel, Treasurer Curtis Pitt said this week. Queensland Nickel owner Clive Palmer had appealed to the government to provide “minimal assistance” to ensure the c...
Nickel gained 2% climbing back above $9,000 a tonne on the LME, recovering from a 12-year low of $8,145 a tonne earlier this week while strong gains were also seen in tin, zinc and aluminum in London and Shanghai.
[Ferro-Alloys.com] Since early 2015, nickel price plunged almost 50 percent whatever in China or international market and hit a decade low for the first time. About seventy percent of global nickel companies have been dragged into the hard period including Chi...
Nickel’s spectacular fall since the middle of last year may have come to a halt, but without significant, enduring output cuts and stronger demand from China’s stainless steel mills the reprieve coule be brief.
[Ferro-Alloys.com] In November 10, under the witness of Governor Lu of Jiangxi Province, Turkey Secretary of Energy & Mining Ministry and the President of Zorlu Group, Chairman and General Manager Zhong Xiaoyun signed a strategic cooperation ceremony about pro...
[Ferro-Alloys.com] On November 10, Sumitomo Metal Mining Co., Ltd. announced its consolidated business results in the period from April to September in 2015.