Coal Investing News reports coking coal prices were slashed.
Rio Tinto Group recently gave a big break to JSW Steel Ltd. on an existing contract.
The mining major’s move to cut its coking coal prices for the Indian company by 43 per cent are a dark sign of things to come for coking coal miners. “It’s an [...]
Zinc Investing News reports zinc prices did not perform too well last year.
As prices plunged in 2008, many companies announced production cuts. When it comes to zinc, output cuts lent stability. Since mid-November the metal only fluctuated by $100 per tonne. On the other hand, lead lost $400 per tonne over the same period. Most [...]
Lead Investing News reports lead prices are stable on the London Metal Exchange (LME) though the Dow Jones fell 700 points.
Investors raced to unload stocks as widespread fears about the current financial crisis continued.
Lead is currently priced at 0.7406 (low) to 0.7497 (high), with no changes over yesterday’s spot prices.
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Nickel Investing News reports nickel futures are falling and companies are coping with this fall with restrategizing themselves.
Many nickel miners are taking on new business strategies to cope with the price crash of nickel. Last week’s volatile stock market must have pushed many miners to reevaluate, as this week there has been a frenzy of [...]
Thursday, February 5, 2009
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