Capital misallocation, not a lack of demand, remained the key factor in the current low level of several commodity prices, Glencore CEO Ivan Glasenberg said on Wednesday.

UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR), a leading global aluminium producer, announces plans to invest over USD10 million in the modernization of silicon production in 2015.

The Obama administration is considering an expansion of duties on Chinese solar products that has triggered complaints from a South Korean parts supplier that says it would be hurt.

It is reported that ArcelorMittal has signed a contract with the Saint-Nazaire shipyard to supply steel for the hulls and decks of giant cruise ships to be built by STX France.

The DSO was being transported by truck in shipping containers to theOkahandja rail, from where it would be railed to the Walvis Bay port, and delivered into a fixed price contract with Noble Resources International.

According to the statistics of US International Trade Commission, American other unlisted ferroalloy export volume was 1686 mt in Oct 2014, up by 115% M-O-M and up by 178.6% Y-O-Y. The total export volume in Jan-Oct 2014 was 9625mt, up by 84.4% Y-O-Y.

According to the statistics of US International Trade Commission, American ferroalloy export volume was 11,938 mt in October 2014, up by 17.4% M-O-M and up by 7% Y-O-Y. The total export volume in Jan-Oct of 2014 was 109,638 mt, up by 9.8% Y-O-Y.

In China, the market for 553 grade as a low-grade product stopped declining.