Global insight

Russia Severstal’s crude steel production output up in 2015

Russia steelmaker Severstal has announced its financial results for the year 2015, the company’s crude steel production 2.75 million tons in the 4th quarter of 2015, down by 5% month on month Due to long products seasonal demand declined in 4th quarter, th...

Thursday, February 4, 2016

BHP Billiton announces to cut jobs at its Chile Escondida copper mine

BHP said that its Chile Escondida copper mine will launch a new round of job cuts and plans to layoffs are about 90 workers, due to continued falling of copper prices, copper prices have dropped by more than 30% in the past 12 months. The company also indi...

Thursday, February 4, 2016

France industrial producer prices drop in 2015

According to France National Institute of Statistics and Economic Research (INSEE) in December 2015, France industrial producer prices have dropped by 1.1% month on month; down by 2.7% year on year. In December, the country’s manufacturing exports fell by ...

Thursday, February 4, 2016

Fresh Selling Seen in Nickel, Open Interest up by 2.44%

Nickel settled down -1.36% at 572.70 amid slowing Chinese demand. Trade is expected to wane ahead of Lunar New Year, which will shut China for a week from Monday.

Thursday, February 4, 2016

Axiom Mining nears Q1 Nickel Shipments and $10M Funding Deal

Axiom Mining (ASX:AVQ) is edging closer to a milestone first shipment of nickel ore form the Isabel project in the Solomon Islands during Q1 2016 as a A$10 million financing facility and long-term offtake deal unfold.

Thursday, February 4, 2016

Merafe Resources Expects an Increase in its Earnings for The Year

Merafe Resources Limited, a South African-based ferrochrome exploration and development company, released its production report and trading statement for the year ended 31 December 2015.

Thursday, February 4, 2016

South Africa Remains Zim’s Largest Trading Partner

South Africa has remained Zimbabwe’s largest trading partner in the month of December 2015 with goods such as tobacco and minerals topping the export list by the later, statistics released by ZimStat show.

Thursday, February 4, 2016

Indonesia Plans to Increase Nickel Exports, due to Chinese Demand Improves

Indonesia smelting and processing industry association (APPI) believes that the current trend of nickel demand increased from China, including processed nickel ore, such as nickel pig iron or nickel-iron.

Thursday, February 4, 2016
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