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India extends Covid-19 lockdowns until early May

14 April 2020 - 18:00
India has extended a nationwide lockdown until 3 May in an attempt to curb the spread of Covid-19, but is making some exceptions to minimise economic damage.

Commerzbank: ETF holdings of gold rise but fall for platinum

31 March 2020 - 20:24
Exchange-traded-fund holdings of platinum have fallen sharply this month, while holdings of gold keep rising, Commerzbank said. After big inflows last week, holdings in gold ETFs tracked by Bloomberg increased by another 16 metric tons Monday, putting them above 90 million ounces or over 2,800 tons for the first time, the bank pointed out.

Italy’s Raffmetal shuts for two-week quarantine

19 March 2020 - 19:11
Italy-based aluminium alloy producer Raffmetal will extend this week's shutdown through next week to allow employees a full two-week quarantine period amid the coronavirus pandemic, president Orlando Niboli said today.

How India’s Graphite Electrodes Trade Dynamics Changed in Last Two Years?

5 March 2020 - 23:33
The last two years have been a roller coaster ride for the Graphite electrodes manufacturers globally. The supply-side structural changes in China that took place in the latter half of 2017 required polluting GE units to shut down and subsequently created its shortage and increased prices.

Innovative recycling of foundry waste

2 March 2020 - 18:10
Hazardous waste is turned into high-quality raw materials

Chinese aluminium firm Zhongwang announces to sell its smelter for $656 million

27 February 2020 - 18:15
One of the world’s biggest aluminium extrusions manufacturer, China Zhongwang Holdings, on Wednesday, February 26, announced that it would sell its loss-making smelter for $655.94 million.

IMIDRO, NIORDC ink MOU for joint production of needle, sponge coke

15 February 2020 - 13:14
The National Iranian Oil Refining and Distribution Company (NIORDC) signed a memorandum of understanding (MOU) with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for joint production of sponge and needle coke in two of the country’s refineries.

EU HRC: Italian buyer pays up for import

24 January 2020 - 18:54
Italian hot-rolled coil (HRC) buyers exposed to Ilva are paying higher prices than some others, given uncertainty about the future of the plant.

ArcelorMittal hikes coil offer to €500/t exw in north

10 January 2020 - 18:32
ArcelorMittal has raised its offer across Europe on the back of firm import offers, raw materials and extended lead times.

Demanding metal specifications for Foundries

9 January 2020 - 17:22
Hitachi High-Tech launches OE750 – a next generation, high-performance OES analyser for complete metals analysis control.
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