Commodity prices have plunged this year amid supply gluts and ebbing demand from China, the biggest consumer of raw materials ranging from cotton to zinc. The S&P GSCI is down 18 per cent in 2015, and the Bloomberg Commodity Index has dropped 21 per cent to th...
According to the Germany Iron and Steel Union (WV Stahl) statistics showed in October of this year, Germany crude steel production was 3.63 million tons, an increase of 2.7% year on year.
According to the analysts said, the iron ore prices might be possible to drop to USD25/MT. In the same time, nickel price also affected by China's slow economics, which was likely to fall further. Although iron ore price rebounds these days, but the demand rem...
ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.