Metro Mining Ltd announced that the first ship for 2020 has arrived at Skardon River. The ship, Vialli, commenced loading on the morning of 14 April. This shipment is the first this year to foundation customer Xinfa who will purchase approximately 2.0 Million DMT (dry metric tonnes) under existing offtake arrangements in 2020.
News ID: 9160 Publish Date : 2020/04/15
Vietnam's coal imports increased in March from a year earlier, partly because some cargoes destined for India were resold to Vietnamese buyers. But there is uncertainty surrounding Vietnam's future demand amid a lack of clarity on whether its Covid-19 restrictions, which are set to expire today, will be extended.
News ID: 9157 Publish Date : 2020/04/15
India has extended a nationwide lockdown until 3 May in an attempt to curb the spread of Covid-19, but is making some exceptions to minimise economic damage.
News ID: 9142 Publish Date : 2020/04/14
India's demand for key petrochemical products may take longer to recover as the country's lockdown has been extended until 3 May to curb the spread of Covid-19 in the Indian subcontinent.
News ID: 9140 Publish Date : 2020/04/14
India has extended its nationwide lockdown by nearly three weeks as the country focuses on containing the Covid-19 pandemic. Although ports and coal transportation are deemed an essential service, demand from many sectors has been at a near standstill since the curbs were announced.
News ID: 9137 Publish Date : 2020/04/14
India's bitumen demand is expected to continue to suffer as the country announced an extension of its Covid-19 lockdown until 3 May.
News ID: 9136 Publish Date : 2020/04/14
State-backed Iran National Innovation Fund is planning to loan 45 trillion rials ($277.7 million) to knowledge-based companies and tech firms in the current fiscal year (ending March 2021).
News ID: 9129 Publish Date : 2020/04/12
At least five Indian states have decided to extend Covid-19 lockdowns until the end of this month, further cutting the country's fuel demand.
News ID: 9122 Publish Date : 2020/04/13
The slowdown in manufacturing in Japan that had resulted from the outbreak of Covid-19 is intensifying, signalling a greater potential downturn in steel demand over the coming months.
News ID: 9121 Publish Date : 2020/04/13
Indian steel importers cannot use force majeure declarations stemming from the Covid-19 outbreak to block letters of credit with South Korean suppliers, the Mumbai High Court said.
News ID: 9118 Publish Date : 2020/04/13
Seaborne coking coal prices surprisingly rose during the first quarter of this year in contrast to most commodities but the past three weeks have erased these gains, with Covid-19 slashing demand in major consumer regions Europe and India.
News ID: 9116 Publish Date : 2020/04/13
Estimates show 15% of Iran’s economy will be affected by the coronavirus outbreak, says Economy Minister Farhad Dejpasand.
News ID: 9107 Publish Date : 2020/04/10
Metalex staffs are presently working overtime at its sites in Poole, Horsham, Birmingham, Chepstow and Milton Keynes to process the orders for aluminium plate and bar billets to be used in the rapid production of medical equipment.
News ID: 9099 Publish Date : 2020/04/09
Containment measures to halt the spread of Covid-19 in many countries are expected to result in even more surplus LNG supply in the spot market, as weakened domestic gas demand drives importers to seek cargo deferrals.
News ID: 9097 Publish Date : 2020/04/09
Indian LPG demand in March increased by 2pc from a year earlier but fell short of a record high in January. LPG was the only fuel to show growth last month amid the Covid-19 outbreak that closed businesses and barred people from leaving homes under a 21-day nationwide lockdown from 25 March.
News ID: 9096 Publish Date : 2020/04/09
India's eastern state of Odisha has become the first jurisdiction to extend its Covid-19 lockdown beyond the scheduled nationwide end date of 14 April.
News ID: 9093 Publish Date : 2020/04/09
Several refineries in Germany have reduced production because of a significant drop in fuel demand and high stocks arising from efforts to stop the spread of the Covid-19 pandemic.
News ID: 9089 Publish Date : 2020/04/09
It would be unacceptable for the International Monetary Fund to unfairly refuse Iran’s application for a loan that it needs for the fight against the coronavirus, Iranian President Hassan Rouhani said.
News ID: 9085 Publish Date : 2020/04/08
South Korea is deferring taxes on crude imports for the next three months to help refiners and other buyers weather a slump in fuel demand caused by the Covid-19 pandemic.
News ID: 9077 Publish Date : 2020/04/08
India's reform plans to allow commercial coal mining have run into fresh delays as the government focuses on containing the Covid-19 pandemic.
News ID: 9073 Publish Date : 2020/04/08
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Aluminum price falls to one-month low in wider commodity slump
Skeena advances Eskay Creek permitting, unlocks Orion funding
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
