Tungsten Market Update (February 14, 2013)
Tungsten – A brief overview of tungsten price developments, supply and demand and significant market movers.
Articles Tagged "chinese new year"
Holiday Lowers Tin, Metals Trade in China
Tin – Reuters reported that the Chinese New Year holiday has quieted trading on metals in China, and volumes were lower for these commodities, including tin.
The Steel Index Shows Iron Ore Trading Tripled in January
Iron – Bloomberg reported that iron ore trading tripled in January compared to the previous year on speculation that the demand will increase after the Chinese New Year this month.
Iron-Ore Swaps Reach 15-Month High on China’s Economic Growth
Iron – Bloomberg reported that iron-ore swaps rallied to a 15-month high on speculation that China’s steel mills will need to buy supplies before the Chinese New Year holiday and as data showed that the industry is expanding in this country.
Iron Ore Price to Drop to $140 on Chinese New Year, Lower Imports
Iron – Bloomberg reported that iron ore is set to fall through the end of March, as China celebrates a week-long New Year celebration next month. Mills opting for domestic supplies is also seen as a contributing factor to the price drop, according to Australia & New Zealand Banking Group Ltd.
Iron Ore Suffers Biggest Daily Drop in Over a Year
Iron – Mining Weekly reported that iron ore continues to decline and on Wednesday posted its biggest daily drop in 14 months, amid uncertainty over China’s steel demand.
Moly Producers Ring In Good Times
A draft proposal by the Chinese government that lays down the thresholds for access to the molybdenum industry is set to cheer moly producers. The Chinese New Year has brought in good news for moly producers. In an announcement that is set to benefit several molybdenum producers, the Ministry of Industry and Information [...]
Well On The Path Of A Recovery
The festive cheer, the series of ‘good news’ reports and the stepped up buying all mean that the good times are probably back for the diamond industry. The polished diamond price research by IDEX showed that three carat and even smaller diamonds showed solid price gains ranging from 0.8 per cent to 3 [...]
Vanadium Continues To Ride On The Positive
Vanadium prices have stablized in the first week of February, even as exploration companies report exciting new finds. January 2010 can clearly be recorded in the books as a good month for vanadium and its associated alloys. The end of the month saw the price of ferro-vanadium ending up at US$ 6 per [...]
