GO
Loading...

Materials and Metals

More

  • RIO DE JANEIRO, Nov 6- Brazil's Vale SA, the world's second-largest mining company, reported on Wednesday that its third-quarter net income more than doubled from a year earlier, beating analysts' expectations as iron ore prices and sales volumes rose.

  • The Austrian company missed analysts' forecasts for operating and core earnings in the quarter to end-September but said it expected a improvement in the second half thanks to growing momentum in Europe, China and North America.

  • LONDON, Nov 6- Egypt- focused gold miner Centamin said core profit dropped by more than a third in the third quarter, hit by a sharp drop in bullion prices, but said it was well-placed to exceed a targeted increase in full-year output. The price at which Centamin sold bullion in the quarter shrank by more than a fifth compared with a year earlier.

  • SINGAPORE, Nov 6- London copper edged up in low volume on Wednesday, with traders reluctant to take positions ahead of a labour report from the United States and a major policy meeting in China.

  • NEW YORK, Nov 5- Oil and precious metals fell on Thursday, with gold falling for the seventh straight session, as upbeat U.S. economic data challenged assumptions of a prolonged Federal Reserve stimulus.

  • BASF challenges EU ban on fipronil pesticide Tuesday, 5 Nov 2013 | 9:20 AM ET

    FRANKFURT, Nov 5- German chemicals group BASF said it launched a legal challenge against the European Commission's ban of BASF's insecticide fipronil, imposed in July on concern its use as seed treatment is linked to declining bee populations.

  • Nov 5- Mosaic Co reported sharply lower third-quarter earnings on Tuesday as prices of its potash and phosphate fell and buyers took a cautious stance, and the U.S. fertilizer company said prices may remain weak into 2014..

  • OSLO, Nov 5- Norway's opposition Labour Party has proposed banning the country's $800 billion wealth fund from investing in coal producers, a motion that may gain traction as several outside backers of the minority government expressed support.

  • AMSTERDAM, Nov 5- Dutch food and chemicals group DSM stuck to its 2013 operating profit target of close to 1.4 billion euros, up 27 percent from last year, thanks to acquisitions and the strength of its human and animal nutrition business.

  • UPDATE 1-Holcim sees lower full-year cement sales Tuesday, 5 Nov 2013 | 2:02 AM ET

    ZURICH, Nov 5- Holcim, the world's largest cement maker by market value, said on Tuesday it does not expect 2013 sales volumes to reach last year's levels, due in part to sluggish demand in some key emerging markets.

  • LAUNCESTON, Australia, Nov 5- Iron ore and steel prices were buoyed by the strength of China's manufacturing indexes, but there is a risk the market is focusing on the wrong indicator. Both PMIs indicate improving conditions in China's vast manufacturing sector and this was enough to spur gains in iron ore and steel prices.

  • *Rising demand for rust-proof galvanised steel in China. SYDNEY, Nov 5- A global hunt is on to find new deposits of zinc as China buys more of the metal to rust-proof new cars and coat steel used to build bridges and skyscrapers.

  • *Rising demand for rust-proof galvanised steel in China. SYDNEY, Nov 5- A global hunt is on to find new deposits of zinc as China buys more of the metal to rust-proof new cars and coat steel used to build bridges and skyscrapers.

  • LONDON, Nov 4- Copper fell for a third consecutive session on Monday due to a drop in the euro, but remained firmly within a range that has persisted for months on uncertainty about the outlook for demand from top consumer China. Copper has traded in a $7,000- $7,420 range since early August partly due to uncertainty about real demand growth from China.

  • *Zambia warns may revoke Konkola licence. LUSAKA, Nov 4- Zambian President Michael Sata threatened on Monday to revoke the licence of Konkola Copper Mines, owned by London- listed Vedanta Resources, if it goes through with a plan to lay off more than 1,500 workers.

  • LONDON, Nov 4- Copper slipped for a third straight session on Monday due to a drop in the euro, while remaining within a range that has persisted for months on uncertainty about the outlook for demand from top consumer China. The metal has traded in a $7,000- $7,420 range since early August partly due to uncertainty about real demand growth from China.

  • *China bonded copper stocks begin to rise, could rise further. Manufacturing expanded around the world in October, with business surveys showing U.S. factory output growing at its fastest pace in 2-1/ 2 years and Asian manufacturers reporting the fastest upturn in months, led by China. Copper prices have been hemmed in a range since early August.

  • By Susan Thomas and Melanie Burton. LONDON/ SINGAPORE, Nov 1- Copper rose on Friday after a strong Chinese manufacturing sector survey and was set for its biggest weekly gain in six weeks on growing signs of economic stability in the world's top metals consumer.

  • Chemical tankers in demand as U.S. exports soar Friday, 1 Nov 2013 | 8:42 AM ET

    *Stolt-Nielsen, Odfjell, Ardmore set to gain- analysts. Nov 1- After four years in the doldrums, the specialized chemical tankers that ply the seas between the United States and Asia are set to generate bumper profits for the handful of companies that own and operate them.

  • BEIJING, Nov 1- Sinopec Corp won initial approval last month from China's top economic planner for a plan to build a $10- billion refinery and petrochemical complex in Shanghai, two company officials said. The new Sinopec plant, designed to process mostly imported crude oil, will be built in the Caojing industrial park, some 50 km from the centre of Shanghai.

Contact Materials and Metals

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Most Popular Video

Tuesday, 15 Apr 2014 | 5:40 PM ET

Jonathan Geller, BGR president and editor-in-chief, weighs in on the specifications for Amazon's newly announced 3-D smartphone.

Thursday, 17 Apr 2014 | 11:00 AM ET

Phil LeBeau has the details on the latest rides at this year's New York Auto Show.

Monday, 14 Apr 2014 | 11:43 AM ET

Dr. Steven Horng, Beth Israel Deaconess Medical Center, explains how Google Glass provided crucial support in an emergency situation and helped save a life.