During the announcement of the company regarding the half year results on Wednesday, pin pointed on the pressures faced by the company, mainly due to the oversupply in the Chinese market as well as due to the creeping growth of the Chinese economy.
JAKARTA (Scrap Monster): The director at the Energy and Mineral Resources Ministry of Indonesia stated that, the country is not planning to get off with their decision which was implemented in the month of January in this year, which was mainly implemented to ...
AK Steel (NYSE: AKS) said today that the company has introduced CHROMESHIELD? 22, a new nickel-free stainless steel product with enhanced benefits and stable pricing for customers. CHROMESHIELD 22 was developed by AK Steel at its Research Center in Middletow...
Base metals reversed from Monday’s stronger close on LME trading, starting the week’s Asian trading mostly lower this Tuesday after yesterday’s Mid-Autumn break.
The base metal prices on the London Metal Exchange (LME) closed higher on Monday, with nickel prices climbing to a three-month high amid concern that ore shipments from the Philippines will drop.
Nickel prices climbed to their highest in seven weeks on Thursday as speculators returned to the market on worries that the Philippines could follow Indonesia in banning unprocessed ore exports.