NEWS & EVENTS

19 February 2010 Zinc Output at Onsan Plant Expected to Fall in 2010
Korea Zinc predicts refined zinc output at its Onsan plant in 2010 will fall to 455 kt from 2009 levels of 460 kt, and refined lead output will be 199 kt.
19 February 2010 Uzbekistan to Invest USD 180 Mln to Revamp Concentrator
Almalyk Mining and Metallurgical Combine (AGMK) in Uzbekistan plans to invest USD 181.2 million to modernize its concentrating complex in 2009 and 2013.
11 February 2010 Rare Earth Reserve Approved
Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-tech Co, the rare earth listed unit of Baotou Iron & Steel Group, said its international trading unit received a...
11 February 2010 Growing Inflation a Boon for Insurers
China's insurers will benefit more than banks as "accelerating" inflation pushes bond yields higher and lending growth slows, according to Morgan Stanley.
10 February 2010 Equities to Witness 'Post-holiday Rebound'
China's stocks may rebound after this month's Lunar New Year holiday because the government won't tighten monetary policy too aggressively given the outlook for...
10 February 2010 Steel Prices Set to Rise as Iron Ore Talks Begin
Rising imported iron ore prices are set to drive up domestic ore prices and force Chinese steel companies to raise the cost of products to counteract possible heavier...
10 February 2010 China Draws Up Plans for National Renewable Energy Center
China plans to build a national renewable energy center to further support development of the industry, an energy official said yesterday.
9 February 2010 Two New Tinplate Lines for China
Yi Chang Three Gorges Quan Tong Colored and Galvanized Plate Co Ltd China has awarded to Tenova of Italy contracts for the supply of two high speed Electrolytic Tinning...
9 February 2010 Aluminum Market
Yesterday, LME aluminum prices opened at USD 1,998/mt, with the highest level and lowest level at USD 2,020/mt and USD 1,993/mt, respectively, and finally prices ended...
4 February 2010 Overview of Stock Replenishment in Zinc Downstream Industries Prior to Chinese New Year Holiday
Zinc prices stabilized technically during this week after dramatic declines over the past week (January 25-29th), with prices moving in the RMB 17,000-18,000/mt...
1 February 2010 New Credit Hits $234b in January
New yuan-denominated loans extended by China's domestic banks in 2010 almost hit 1.6 trillion yuan ($234.36 billion) in January, catching up with the amount of the...
1 February 2010 Trial Margin Trading Plan Issued by March
A trial program to launch margin trading and short selling business at selected security firms will have its preliminary evaluation by the Securities Association of...
1 February 2010 China's Largest Lender Extends 110 bln Yuan of New Loans in Jan.
The Industrial and Commercial Bank of China (ICBC), the world's largest lender by market value, said Monday it extended 110 billion yuan (16.1 billion U.S. dollars)...
31 January 2010 Analysis on LME Nickel Price Increases
LME nickel prices opened at USD 18,000/mt and closed at USD 18,200, with highest level at USD 18,500/mt and lowest level at USD 17,740/mt, up USD 400/mt.
31 January 2010 Domestic EMM Prices still Have Room to Fall Slightly
Today, mainstream offers of EMM were in the RMB 14,900-15,000/mt range. Deals can be made in a small amount at RMB 14,800/mt yesterday. Traders replenished...