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UK economy shrinks by record 20.4pc in April
The UK economy suffered its biggest monthly contraction on record in April, with the country's GDP shrinking by a fifth during the first full month of its Covid-19 lockdown. |
Tokyo Steel lifts scrap prices further on tight supply
Japan's Tokyo Steel announced its sixth increase for ferrous scrap prices this month, effective on 13 June, as its previous rises failed to boost scrap flow to some mills. |
Anglo restarts Australia’s Moranbah coking coal mine
UK-South African mining firm Anglo American has restarted its 6.5mn t/yr Moranbah North coking coal mine in Queensland, Australia, four months after a seam collapse forced its closure. |
China Taiyuan coal transaction price index up 0.58 pct
China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 percent week on week. |
Ministry says China aims to bolster trade ties with ASEAN
As China undergoes a recovery, its rising demand could further stimulate its imports of ASEAN member economies' commodities and manufactured goods, including integrated circuits, agricultural products, natural rubber, iron ore, coal and copper in the second ha... |
BHP alters South Flank iron ore to guard heritage sites
UK-Australian resources firm BHP is altering its 80mn t/yr South Flank iron ore project in the Pilbara region of Western Australia (WA) after a pledge not to destroy heritage sites in the mining area. |
Iron ore concentrate: Floating prices flat
Iron ore concentrate floating prices were flat this week as buyers remain price sensitive on high-grade ores following gains in the underlying 65pc fines index. |
Steep fall in French April manufacturing output
France's manufacturing demand fell sharply again in April, induced by the nationwide lockdown to contain the Covid-19 outbreak. |
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