me-metals: Russian diamond miner Alrosa may suspend some production in 2025 and cut staff as it faces challenges with low global prices, according to CEO Pavel Marinychev.
News ID: 11500 Publish Date : 2024/11/22
me-metals: Aluminum prices are expected to stay elevated in 2024 owing to a tightening market balance on the back of strong growth in global demand outpacing supply, says BMI, a unit of Fitch Solutions Group.
News ID: 11483 Publish Date : 2024/11/17
Trade between Iran and EU member states during January-March 2020 stood at €1.16 billion to register a 0.22% decline compared with last year’s corresponding period, latest data provided by the European Statistical Office show.
News ID: 9547 Publish Date : 2020/05/19
Iran’s deputy foreign minister for economic diplomacy expressed dissatisfaction with the volume of transactions that Tehran has been able to carry via a financial mechanism the EU has devised for trade with the Islamic Republic, known as INSTEX.
News ID: 9508 Publish Date : 2020/05/15
The EU and eurozone economies will contract at record rates this year, according to the latest projection from the European Commission.
News ID: 9352 Publish Date : 2020/05/06
Turkish low-carbon ferro-chrome producer Eti Elektrometalurji has reduced its output in response to low demand caused by the Covid-19 pandemic.
News ID: 9346 Publish Date : 2020/05/06
China's construction and manufacturing sectors have recovered fast enough from the impact of the Covid-19 outbreak to work down its record steel inventories to more typical levels, providing one of the few supports to global steel markets.
News ID: 9275 Publish Date : 2020/04/30
The Governor of the Central Bank of Iran called on the International Monetary Fund to make use of the EU -Iran trading mechanism ‘INSTEX’ or the Swiss humanitarian channel for Iran ‘SHTA’ to make a $5 billion loan that Tehran has applied for to deal with the coronavirus outbreak
News ID: 9208 Publish Date : 2020/04/20
The European Commission said today that lifting containment measures imposed to tackle the Covid-19 pandemic should be done in a gradual, co-ordinated manner and only when a number of criteria have been met.
News ID: 9153 Publish Date : 2020/04/15
The Bosnian official authorities stated that a company from the town of Zvornik held talks with Iranian officials for selling aluminium oxide. This could have been used in Tehran’s nuclear programme.
News ID: 8749 Publish Date : 2020/03/17
A growing number of sellers are reluctant to offer material in the European spot market, fearing buyers could struggle with financial liquidity and breach payment terms.
News ID: 8745 Publish Date : 2020/03/17
Steelmakers association UK Steel suggests the government should move towards a "Buy America" model for material procurement, prioritising domestic steel to "boost the social and economic benefits" of the projects.
News ID: 8696 Publish Date : 2020/03/12
European buyers are asking Italian hot-rolled coil (HRC) suppliers to ship material earlier than originally contracted, as they are concerned that production and logistics could come to a stop given the country's increasingly strict coronavirus quarantine measures.
News ID: 8679 Publish Date : 2020/03/11
Sentiment in the European hot-rolled coil (HRC) market is darkening somewhat, with a confluence of bearish factors strengthening the belief that price increases solely based on lower production will not be sustainable.
News ID: 8653 Publish Date : 2020/03/09
A central European steelmaker is planning to increase its offers by €5-10/t for April production, up from current sales into Germany of around €485/t on a delivered basis, citing tight supply and a lack of imports.
News ID: 8554 Publish Date : 2020/03/03
An EU initiative to overhaul chemical safety regulations could crush the supply chain for critical material antimony metal inside Europe, leaving consumers with few options and no spot market.
News ID: 8519 Publish Date : 2020/02/28
Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi said a forthcoming session of the JCPOA Joint Commission in Austria will have nothing to do with the nuclear deal’s dispute resolution mechanism.
News ID: 8493 Publish Date : 2020/02/25
The EU ’s top diplomat Josep Borrell extended the time available to discuss ways to save the 2015 nuclear deal between Tehran and world powers under a dispute mechanism triggered by France, Germany, and Britain.
News ID: 8340 Publish Date : 2020/01/25
Italian hot-rolled coil (HRC) buyers exposed to Ilva are paying higher prices than some others, given uncertainty about the future of the plant.
News ID: 8330 Publish Date : 2020/01/24
Indian steelmaker Essar Steel will no longer offer its products to European markets, sources close to the matter said.
News ID: 8314 Publish Date : 2020/01/23
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Gold loses some luster after Trump’s decisive win
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Russia takes aim at US nuclear power by throttling uranium
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project