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Singapore (Platts)--26 Apr 2017 952 am EDT/1352 GMT
China imported 58.95 million mt of iron ore from Australia in March, up 7.5% year on year and up 17.8% month on month, according to data released Wednesday by the General Administration of Customs.
Sydney (Platts)--26 Apr 2017 108 am EDT/508 GMT
The Goonyella coal rail system in Queensland Australia, which connects the world's largest metallurgical coal supply basin carrying prized Australian premium coking coal and PCI materials, has reopened after being closed in late March due to impact from Tropical Cyclone Debbie, operator Aurizon said Wednesday.
Washington (Platts)--25 Apr 2017 554 pm EDT/2154 GMT
Freeport-McMoRan executives said Tuesday they will stop the Grasberg underground block-cave mine expansion in Indonesia unless an agreement on exports and divestments can be reached with the government.
Pittsburgh (Platts)--25 Apr 2017 550 pm EDT/2150 GMT
US Steel reported a $180 million net loss for the first quarter with losses in the flat-rolled steel and tubular segments, the company said Tuesday.
London (Platts)--25 Apr 2017 1023 am EDT/1423 GMT
Alcoa Corp has trimmed its aluminum supply surplus forecast for 2017 to 300,000-700,000 mt from its previous forecast of 400,000-800,000 mt, the US producer said late Monday.
Dusseldorf (Platts)--25 Apr 2017 1024 am EDT/1424 GMT
Global coking coal prices are expected to fall further as additional supply comes into the market, outpacing the effect of any further mine restrictions which may be imposed in China, consultants Wood Mackenzie said Tuesday.
London (Platts)--25 Apr 2017 1025 am EDT/1425 GMT
A pick-up in buying demand for physical gold in India, the world's number two consumer of the yellow metal, was leading to tightness in the local Dubai market, sources said Tuesday.
London (Platts)--25 Apr 2017 1026 am EDT/1426 GMT
The London Metal Exchange will continue to make its aluminum premium contracts available despite a lack of market uptake, but has also received requests to list cash-settled contracts settled against survey-based premiums, the exchange said in its newly issued discussion paper on market structure.
Dusseldorf, Germany (Platts)--25 Apr 2017 1027 am EDT/1427 GMT
The European steel industry, working with steel demand annual growth now expected at up to 2.5% this year, may be benefiting from recent strong economic sentiment extending into March, steel industry group Eurofer said Tuesday.
Pittsburgh (Platts)--25 Apr 2017 225 am EDT/625 GMT
US hot-rolled coil prices edged down a bit over the past week, as steel mills moved away from offering $660/st, market sources said Monday.
London (Platts)--24 Apr 2017 146 pm EDT/1746 GMT
The London Metal Exchange invited feedback from market participants Monday on a discussion paper setting out the exchange's evolution.
London (Platts)--24 Apr 2017 146 pm EDT/1746 GMT
Ferrous scrap import prices to Turkey took a small step down on Monday, as sentiment over the weekend softened based on two small Black Sea bookings done last week.
London (Platts)--24 Apr 2017 945 am EDT/1345 GMT
Anglo American said Monday it suffered metallurgical coal production losses at its mines in Queensland, Australia, in the last week of March, due to Cyclone Debbie.
London (Platts)--24 Apr 2017 945 am EDT/1345 GMT
Monthly alloy surcharges on austenitic grades of stainless steel flat-rolled products in Europe for May are set to fall to their lowest levels since January as both nickel and ferrochrome prices have weakened, first mill announcements indicated.
Houston (Platts)--21 Apr 2017 1040 am EDT/1440 GMT
President Donald Trump added a powerful arrow to the US' imported-steel-fighting quiver Thursday when he issued an executive memorandum directing the Commerce Department to investigate the impact of steel imports on national security.
London (Platts)--21 Apr 2017 938 am EDT/1338 GMT
Gold is largely expected to move lower next week, respondents to the S&P Global Platts Gold Sentiment Survey said Friday, as recent price momentum stalled at the end of a week that started with prices reaching a new five-month high.
London (Platts)--21 Apr 2017 939 am EDT/1339 GMT
Manganese ore prices to China fell over the week on the back of slow demand and high port stocks at competitive prices.
London (Platts)--21 Apr 2017 939 am EDT/1339 GMT
Global steel demand will grow by 1.3% to more than 1.535 billion mt in 2017, and increase by 0.9% to a little over 1.548 billion mt in 2018, the World Steel Association said Friday in its short-range outlook.
London (Platts)--21 Apr 2017 937 am EDT/1337 GMT
China's record first-quarter 2017 steel production and slowing steel exports, leading to strong implied domestic demand growth, may be unlikely to continue at the same pace.
Pittsburgh (Platts)--20 Apr 2017 419 pm EDT/2019 GMT
The US Department of Commerce self-initiated a Section 232 investigation on the impacts of steel product imports on national security, Secretary Wilbur Ross said during a White House briefing Thursday.
London (Platts)--20 Apr 2017 819 am EDT/1219 GMT
Russian steel and mining group Severstal said Thursday iron ore pellet sale prices averaged $86/mt in the first quarter, up from $36/mt in Q1 2016, while export sales were mainly directed to Europe and Middle East markets.
Singapore (Platts)--20 Apr 2017 818 am EDT/1218 GMT
China's spot alumina prices fell Thursday on the back of news this week that Xinjiang smelters in northwest China will be cutting around two million mt/year of new aluminum capacity which have yet to receive required government approvals.
London (Platts)--20 Apr 2017 818 am EDT/1218 GMT
Russia added around 800,000 oz (25 mt) of gold to its official reserves in March, data released by the country's central bank indicated Thursday.
Sydney (Platts)--20 Apr 2017 122 am EDT/522 GMT
Rio Tinto's iron ore shipments guidance for 2017 remains on track despite a challenging first quarter, the company said in its quarterly production results released Thursday.
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