Moly – Keeping track of the steel market is key for investors with an eye on molybdenum.
Articles Tagged "steel market"
Manganese – Prices for March delivery of manganese in China have slipped due to fierce competition and excess inventory. The ramp up in manganese production in 2010 seems to have hit a ceiling in the short term. However, long term outlook shows increased demand for the metal going forward.
Vanadium – South Africa’s Highveld Steel and Vanadium sees profits drop and looks to vanadium revenue to recover; NiPlats Australia has a big March with some big announcements; and, American Creek Resources tries to eek out an existence in British Columbia.
The pricing of iron ore, between mining giants and China, is escalating into a high stakes game. Who stands to benefit? Canadian iron-mining companies, especially producers from Quebec and Labrador. Already, 2010 is looking good. The steel market is also set to expand by 9.2 per cent in 2010, on rising demand from the [...]
Nickel Investing News reports nickel prices making a comeback after the global commodity price meltdown. Nickel was one of the biggest sufferers in the global commodity price meltdown, but this year it has been making a steady comeback fuelled by investment demand, Chinese imports, and now, a stainless steel market recovery. LME nickel stocks are [...]
Nickel Investing News reports demand for nickel is at a 4 year low. Nickel prices have rallied as much as 14 per cent since the start of the month, but are likely to remain volatile. Analysts predict gloomy prospects for nickel, given the enduring downturn in the stainless steel market, the main consumer of nickel. [...]
Moly Investing News reports many analysts are awaiting the recovery in the global markets with the government stimulus plan. In their Global Metal’s Report released this week, Morgan Stanley gave its take on the near future for the molybdenum market. Morgan Stanley has stated, “We forecast prices to remain at a low of US$12 per pound [...]
Nickel Investing News reports nickel prices fell more than 60% this year as the global slump has got nickel miners scaling back. Nickel hit a record high of $51,800 a tonne in 2007, and is now selling around $10,300 a tonne on the LME. Analysts estimate that the collapse in nickel prices has prompted production [...]
Moly Investing News reports molybdenum prices have been hit hard and is at its lowest since 2004. The market price of molybdenum oxide has been maintained on a comparatively high level at US$32 to US$33 per pound of Mo even while the other metals collapsed. This steep fall for molybdenum oxide is due to the [...]
Iron Investing News reports demand for steel in summer was down due to heat, heavy rainfall and the Olympics in China. Many analysts believe the recent drop in the Chinese steel market is indicative of slowing economic growth and the end of the commodities boom, which could spell trouble for raw material companies like Rio [...]