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India Reopens The Path To Polymer Banknotes: The RBI Launches A New Pilot Project
The Reserve Bank of India has started the process of introducing polymer banknotes into the national monetary system, reopening a project that was already tested unsuccessfully in 2012. The Indian central bank has invited international manufacturers to express their...
Manganese Ore, Chinese Weakness Pushes Prices Below Pre-Crisis Levels
The Chinese manganese ore market closed another week marked by weakness. Prices for seaborne high-grade and semi-carbonate cargoes declined further, while quotations at Chinese ports continued to lose ground under the weight of high inventories, reduced alloy...
Ship Recycling, Clash Over The EU List: Entry Of Two Indian Yards Contested
The possible inclusion of two Indian facilities in the European list of authorized ship recycling yards has opened a new clash between the European Commission and part of the continental industry. Recycling Europe strongly criticized the public consultation launched...
Ferro-Chrome In China, Tsingshan And TISCO Cut August Prices
China’s leading stainless steel producers have reduced their buying prices for high-carbon ferro-chrome for August delivery. Tsingshan and Taiyuan Iron and Steel Company announced identical cuts of 200 yuan per tonne, reflecting the seasonal slowdown in stainless...