Scrap shortage cuts refined copper output, boosting metal demand
25-10-2014 // 5,634 view(s)
A shortage of copper scrap is expected to cut China's production of refined metal by at least 100,000 tonnes this year, which could help shift the global refined copper market back into deficit in 2013 from a forecast small surplus.
U.S scrap copper trade fears defaults from China
04-10-2014 // 7,125 view(s)
At least one U.S. scrap copper trader has suffered "large" losses after a buyer in China defaulted on a deal in the past week, one of the first signs that sinking prices and tightening credit are taking a toll on the physical market.
Iron ore eyes first weekly fall since Sept, Chinese buyers cautious
25-10-2014 // 5,558 view(s)
Iron ore ped to $80 a tonne and was on track for its first weekly in four as Chinese steel mills kept stockpiles low and traders were cautious in taking fresh cargoes ami
POSCO posts highest profit in five quarters on low iron ore costs
25-10-2014 // 5,033 view(s)
South Korean steelmaker POSCO posted its highest operating profit in five quarters on Thursday, as lower raw materials costs helped support margins during a period of weak steel prices. The world's sixth-biggest steelmaker by output also said it expected steel demand to rise "slightly" in the current quarter from the previous quarter, citing an improving automobile industry and seasonal demand.
Tái chế phế liệu là ngành góp phần đáng kế trong phục hồi nền kinh tế
21-09-2015 // 5,952 view(s)
Ngành công nghiệp tái chế phế liệu cần được phép tăng trưởng để thúc đẩy kinh tế, tạo việc làm, giúp bảo vệ môi trường và tiết kiệm năng lượng.