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Tokyo (Platts)--2 Dec 2016 248 am EST/748 GMT
Asian steelmakers this week increased ferrochrome buying activity for the coming quarter, with two mills seeking to buy a combined 70,000 mt for Q1 2017, market sources said Friday.
Sao Paulo (Platts)--1 Dec 2016 523 pm EST/2223 GMT
Venezuela's hot-briquetted iron prices have increased about 10% following recent global macroeconomic trends and higher raw materials prices worldwide, trading sources said this week.
London (Platts)--1 Dec 2016 921 am EST/1421 GMT
Palladium stands out in the precious metal complex, hitting 18-month highs due to rising demand from the automotive industry as gold slides to fresh 10-month lows Thursday, below $1,170/oz, and silver holds just above its June lows around $16.30/oz.
Tehran (Platts)--1 Dec 2016 920 am EST/1420 GMT
There remains a gap between Iran's consumption and production of flat steel products despite increases in the country's crude steel capacity, according to the secretary of the Iranian syndicate of steel pipe and profile manufacturers, Amirhosein Kaveh.
London (Platts)--1 Dec 2016 919 am EST/1419 GMT
Brazilian miner Vale said Thursday it has completed a sales accord for its Carborough Downs hard coking coal (HCC) mine in central Queensland, Australia, and is awaiting transfer to its new owner, allowing the group to focus on its Mozambique coking coal mines.
Hong Kong (Platts)--1 Dec 2016 912 am EST/1412 GMT
Copper concentrate supply in China stayed tight this week, with some major Chinese smelters having followed the benchmark treatment and refining charges as settled by Chinese copper producer Jiangxi Copper and copper miner Freeport-McMoRan for 2017 at fees of $92.50/mt and 9.25 cents/lb in mid-November, Chinese brokerage Mailyard Futures in Hubei Province said in its copper sector issued Thursday.
Pittsburgh (Platts)--30 Nov 2016 500 pm EST/2200 GMT
Issuing an affirmative final determination Wednesday, the US Department of Commerce maintained high antidumping margins for cut-to-length steel plate imports from Brazil, South Africa and Turkey.
Hong Kong (Platts)--30 Nov 2016 1250 pm EST/1750 GMT
Spot treatment charges for Chinese zinc smelters dipped to $70-$90/mt in November from $80-$90/mt in October, as supply of zinc concentrate tightened globally, Chinese brokerage Ruida Futures, based in Xiamen City, said in its report on the zinc sector Wednesday.
London (Platts)--30 Nov 2016 823 am EST/1323 GMT
Currency softness saw Turkish ferrous scrap importers remain on the sidelines Tuesday, but merchants believe bullishness in other steel markets will push scrap prices higher sooner or later.
Pittsburgh (Platts)--29 Nov 2016 539 pm EST/2239 GMT
Limited new activity was heard on Tuesday in the US sheet market but buyers anticipated further upward pricing pressure as a result of higher mill input costs.
New York (Platts)--29 Nov 2016 537 pm EST/2237 GMT
Adoption of electric cars in developed countries could result in a strong future for Brazilian mining group Vale's large nickel mining and smelting operations in Canada and New Caledonia in the South Pacific, CEO Murilo Ferreira said on Tuesday.
Tokyo (Platts)--29 Nov 2016 1046 am EST/1546 GMT
Japan's need for aluminum premium futures is limited, London Metal Exchange CEO Garry Jones told the LME Tokyo Gala event Tuesday.
London (Platts)--29 Nov 2016 1047 am EST/1547 GMT
The UK's Royal Mint and US-based CME Group have teamed up to launch a digitized gold offering called Royal Mint Gold, the two companies said Tuesday.
Singapore (Platts)--28 Nov 2016 934 pm EST/234 GMT
The seaborne iron ore market hit its highest so far this year Monday as a rise in steel billet price buoyed sentiment the outlook for iron ore.
New York (Platts)--28 Nov 2016 630 pm EST/2330 GMT
A proposed exclusive agency agreement between Australian manganese ore and alloys producer South32 and US-based David J.
Sao Paulo (Platts)--28 Nov 2016 630 pm EST/2330 GMT
Mexican integrated steelmaker Ahmsa plans to invest $442 million in expanding and increasing its finished steel production capacity, it said.
London (Platts)--28 Nov 2016 948 am EST/1448 GMT
With nearly every forecast predicting higher battery use in the years ahead, especially lithium-ion batteries to power new and existing technologies largely in the automotive and consumer goods markets, demand for its component metals are set to soar, speakers at this year's Mines and Money conference said Monday.
Singapore (Platts)--28 Nov 2016 445 am EST/945 GMT
India has imposed antidumping duties on coke imports from China and Australia, which will be effective over the next five years, according to a statement released late Friday by the country's Ministry of Finance.
Santiago (Platts)--27 Nov 2016 1110 pm EST/410 GMT
Anglo American has halted production at its Los Bronces copper mine in central Chile after masked protesters seized parts of the installations, the second time in a month this has happened.
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