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HRC steel: European producers consider price increases due to higher costs
Hot rolled coil (HRC) prices in Europe remained largely unchanged on Monday, 30 October, amid limited activity, but traders expect mills to announce further price increases soon. On 30 October, HRC Hot Rolled Coils - Northern Europe prices stood at EUR 610/mt, in line...
Gold: Indian demand loses steam at the peak of the festive season as prices rise
Gold prices near all-time highs could dampen demand in India during the peak festive season and lead to the lowest purchase volumes in three years. India is the world's second-largest gold consumer and a drop in purchases could limit the recovery in global prices....
Tin: China’s ties with Myanmar threaten key supplies
Ties between China and a powerful Myanmar armed group that controls a key source of tin are weakening, threatening to prolong what has already been months of disruption to supplies of the key metal. China has long had friendly relations with the group that rules the...
Iron ore: the world’s leading power prepares to reinvent itself
In the port of Parker Point, Western Australia, vast piles of crushed brown rock surround the Indian Ocean: each one is a 200,000 tonne store of iron ore, ready to be poured into a line of bulk carriers bound for Asian steel mills. Rio Tinto Group, the world's largest...