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Wire rod steel: Indian producers’ margins fall for third straight month in September
Margins (conversion spread) of wire rod producers fell slightly by 1 percent m-o-m in Raipur, Chhattisgarh, and 4 percent in Durgapur, West Bengal, in September. The average spread stood at about INR 3,958/ton in Raipur and INR 3,586/ton in Durgapur. Raipur and...
Coal: Indonesia sets October benchmark at record high of $330.97 per tonne
The Energy Ministry said Monday that Indonesia has set the benchmark coal price for October at a record level of $330.97 per ton, following increased demand from Europe. The monthly reference price in Indonesia, the world's largest exporter of thermal coal, increased...
Copper: price rebounds on dollar weakness
Copper prices in London are rebounding Tuesday, buoyed by a weaker U.S. dollar following negative economic data, but trading volume remained low due to a week-long vacation in China, the country that is its main consumer. Three-month copper on the London Metal...
Zinc: Befesa acquires American Zinc Recycling
Befesa S.A. has announced the acquisition of the remaining 93% of the U.S. zinc recycling and refining company American Zinc Recycling (AZR). Luxembourg-based Befesa already owned 7 percent of the refining business as part of an acquisition deal completed in August...