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IMF Says More Work Needed on Yuan Reserve-Currency Decision
The International Monetary Fund said the yuan trails its global counterparts in major benchmarks and that "significant work" in analyzing data is needed before deciding whether to grant the Chinese currency reserve status. |
Greece and Lenders Want Bank Recapitalisation Done by Year-end
Greece and its international lenders want the country's banks to complete their recapitalisation by the end of this year, the country's finance minister said on Wednesday after talks with creditor representatives. |
Cored Wires: Company to Diversify Their Businesses amid Gloomy Market
Overall economic situation affected the market of commodities. Since entering 2012, steel mills underperformed. Issues such as closing down outdated facilities became dire needs for the industry. As cored wires had became an irreplaceable raw materials for st... |
Mining Minister Says Glencore Has Alternatives to Retrenchment
Mineral Resources Minister Ngoako Ramatlhodi says international mining giant Glencore should have looked at alternatives to retrenchments, including shifting workers to vacancies in other operations, before considering the potential retrenchment of about 1 000... |
China's Steel City Feels Impact of Pollution Regulations
Struggling from weak demand and facing new rules to clean up pollution, some firms in China's top steel producing city have scaled back production or even closed completely, lifting local steel prices off 20-year lows. |
Indian Imported Price of Calcium Silicon from China Stable in July
Nearly all of the Indian imported calcium silicon is sourced from China. In July, 2015, the imported price of calcium silicon price maintained stable at USD1750-1770/mt CIF. However, there were some transactions at USD1,660-1,680/mt CIF. |
Indian Silicon Barium Import Market Maintained Stable
Nearly all of Indian imported SILICON BARIUM is sourced from China. In the beginning of August, the ferro silicon barium inoculant (size 2-6mm, 90% min) was USD1530-1540/mt compared to USD1530-1550/mt in the beginning of July and USD1520-1530/mt in the beginni... |
FeV : Quotations Down, and Forecast to Soften Further
[Ferro-Alloys.com]Chinese FeV was offered at RMB61,000-62,000/mt by acceptance. Steel mill’s tenders ended, but the transactions got worse. The transaction price was confirmed to drop to RMB57,000/mt by acceptance. |
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