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China measures to curb speculation in futures markets will continue: regulator
Singapore (Platts)--27 Feb 2017 613 am EST/1113 GMT
China will continue with measures implemented last year to curb speculation in its futures markets, and seek greater overseas participation, an official at its securities regulator said Sunday.
Venezuela's Sidor aims to deliver first tinplate in more than a year
Sao Paulo (Platts)--24 Feb 2017 440 pm EST/2140 GMT
Venezuela's largest steelmaker, Sidor, expects to deliver its first tinplate shipment shortly, the company said Friday.
Ferrovanadium prices slip in Europe, demand soft
London (Platts)--24 Feb 2017 917 am EST/1417 GMT
European ferrovanadium prices have fallen this week, with sources saying tight supply was not supporting prices given demand was soft.
Manganese ore prices to China remain sickly despite healthier steel margins
Singapore (Platts)--24 Feb 2017 915 am EST/1415 GMT
While steel prices have been healthy, market sources say manganese ore prices to China will continue to be sickly until steel production increases.
China iron ore concentrates price rises 11.5% on week, hit 30-month high
Singapore (Platts)--24 Feb 2017 916 am EST/1416 GMT
The Chinese domestic price of iron ore concentrates surged over the week by Yuan 85/dry mt ($12.40/dmt), or 11.5%, to a 30-month high, mirroring fresh highs for domestic billet and imported iron ore, market sources said Friday.
American steelmakers ready to supply pipeline projects: US Steel's Longhi
Pittsburgh (Platts)--23 Feb 2017 324 pm EST/2024 GMT
American steelmakers are prepared to supply the steel pipe needed for domestic pipeline projects, US Steel CEO Mario Longhi said Thursday following a meeting with President Donald Trump at the White House.
Chinese Zijin's subsidiary Ashele inks 2017 term deal to sell up to 21,000 mt copper in conc
Hong Kong (Platts)--23 Feb 2017 850 am EST/1350 GMT
Zijin Mining said Wednesday its 51%-owned mining subsidiary Xinjiang Ashele Copper has signed a 2017 term contract for the supply of a maximum 21,000 mt of copper in concentrate to buyer Xinjiang Non-ferrous Materials.
Nickel demand exceeded supply by around 100,000 mt in 2016: Glencore
London (Platts)--23 Feb 2017 843 am EST/1343 GMT
Global nickel consumption exceeded supply by around 100,000 mt in 2016, Glencore said Thursday in its preliminary annual results statement.
Steel sheet market in US securing footing amid price increases
Pittsburgh (Platts)--22 Feb 2017 620 pm EST/2320 GMT
The US sheet market remained focused on firming prices ahead of bullish March scrap sentiment, with another round of increases anticipated after scrap settles, sources said Wednesday.
Peru's El Brocal boosts Q4 2016 copper, zinc output
Lima (Platts)--22 Feb 2017 621 pm EST/2321 GMT
Peruvian metals producer Minera El Brocal increased copper and zinc output in the fourth quarter after bringing online a $473 million expansion of its concentrator plant, the company said Wednesday.
Japanese, East Asia HMS ferrous scrap prices rise further
Singapore (Platts's)--22 Feb 2017 852 am EST/1352 GMT
Japanese ferrous scrap export prices are continuing to increase following rising overseas scrap prices, trading sources in Tokyo and Seoul said.
China aluminum: Prices slip as sentiment weakens on rising stocks
Singapore (Platts)--22 Feb 2017 850 am EST/1350 GMT
China's aluminum prices softened this week as market sentiment weakened on the back of rising domestic warehouse stocks, multiple industry sources said Wednesday.
Talks to end Escondida copper strike fail, union accuses BHP of intransience
Santiago, Chile (Platts)--21 Feb 2017 403 pm EST/2103 GMT
Negotiations to end a crippling strike at the giant Escondida copper mine in northern Chile have broken up after just a few hours with the union accusing the BHP Billiton-controlled company of intransience.
Brazilian domestic flat steel price 20% above imported: exec
Sao Paulo (Platts)--21 Feb 2017 401 pm EST/2101 GMT
Brazilian domestic flat steel product prices are around 20%-25% above imported steel prices, the president of flat steel distributors association Inda said Tuesday.
Swiss gold exports fall 19% to 120 mt in January, lowest for ten months
London (Platts)--21 Feb 2017 952 am EST/1452 GMT
Gold exports from Switzerland totaled 120 mt in January, a 19% fall from 148 mt a year earlier, Swiss federal customs data showed Tuesday.
Top South African court rules against AMCU mining union on strike rights
Johannesburg (Platts)--21 Feb 2017 947 am EST/1447 GMT
The highest court in South Africa ruled against the Associated Mineworkers and Construction Union Tuesday in a landmark case that is likely to blunt the union's ability to go its own way in wage negotiations.
Asian iron ore hits 30-month high of $95.05/dmt CFR China; stronger steel supports
Singapore (Platts)--21 Feb 2017 946 am EST/1446 GMT
The seaborne iron ore market hit its highest level for 30 months as a hike in steel prices ushered in more demand for feedstock and pushed up a spate of spot deals.
Anglo retains Brazil nickel operations; output, earnings up in 2016
London (Platts)--21 Feb 2017 936 am EST/1436 GMT
Anglo American has no further plans to sell its nickel operations, the UK-listed mining group said Tuesday.
Atlantic metallurgical coal: Higher US coal offers threaten market share
London (Platts)--21 Feb 2017 935 am EST/1435 GMT
US met coal price offers Monday remained higher than Australian coals for current loadings, with buyers saying they expected prices to move closer to Australian coals.
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