Materials and Metals Metals and Mining

  • NEW YORK, Jan 17- U.S. shale oil production is expected to rise by 41,000 barrels per day in February to 4.748 million bpd as energy firms boost drilling with crude prices near 18- month highs, according to data from the U.S. Energy Information Administration on Tuesday. Permian output in West Texas and eastern New Mexico is set to rise by 53,000 bpd to 2.180 million...

  • TORONTO, Jan 17- Canada's main stock index rose on Tuesday as higher commodity prices supported the shares of energy and gold mining companies. The Toronto Stock Exchange's S&P/TSX composite index was up 19.01 points, or 0.12 percent, at 15,498.30, shortly after the open. Just four of the index's 10 main groups were higher.

  • LAUNCESTON, Australia, Jan 17- The new year has started with something familiar from the last- a bubble in Chinese iron ore and steel prices. The most-traded iron ore contract on the Dalian Commodity Exchange leapt by as much as 8 percent on Monday, in the process reaching a three-year high of 657.5 yuan a tonne. Full-year figures are not yet available, but China's...

  • LAUNCESTON, Australia, Jan 17- The new year has started with something familiar from the last- a bubble in Chinese iron ore and steel prices. The most-traded iron ore contract on the Dalian Commodity Exchange leapt by as much as 8 percent on Monday, in the process reaching a three-year high of 657.5 yuan a tonne. Full-year figures are not yet available, but China's...

  • Rio Tinto hits its iron ore guidance but...

    Rob Brierley at Patersons Securities talks about how the miner missed its copper targets and his expectations for iron ore prices.

  • Signage for Rio Tinto is displayed atop the company's offices in the central business district of Perth, Australia, on Friday, Oct. 28, 2016.

    Global miner Rio Tinto hit its mid-point target for iron ore shipments from Australia in 2016 and kept its guidance for this year intact.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," Cantor Fitzgerald analyst Asa Bridle said.

  • LONDON, Jan 16- The gloves have just come off in the simmering dispute between the United States and China about that country's rising exports of aluminum. The United States last week launched a formal complaint at the World Trade Organization, taking aim at China's "subsidies to certain producers of primary aluminum." Such subsidies, the United States claims,...

  • LONDON, Jan 16- The gloves have just come off in the simmering dispute between the United States and China about that country's rising exports of aluminium. The United States last week launched a formal complaint at the World Trade Organization, taking aim at China's "subsidies to certain producers of primary aluminum". Such subsidies, the United States claims,...

  • The 'Trump trade' may pause as traders await the swearing in of Donald Trump as 45th U.S. president on Friday.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *London copper slips after rising over 5 pct last week. *Indonesia nickel ore export policy in focus. SYDNEY, Jan 16- London copper prices eased on Monday as some investors took profits following hefty gains last week on the back of strong economic data from the United States and China.

  • SYDNEY, Jan 16- Plans to provide government support to keep open a 30- year-old aluminium smelter in Australia owned by Alcoa have made "progress", parties involved in talks said on Monday without giving details. "Significant progress has been made over the weekend, with great demonstrations of good faith from all parties working to find a solution for the future...

  • *Indonesia nickel ore export policy in focus. SYDNEY, Jan 16- Copper prices rose on Monday, extending hefty gains from last week on the back of strong economic data from the United States and China. Customs figures on Friday showed China shipped in a record 4.95 million tonnes of copper in 2016, while U.S. data revealed broad retail sales in that country climbed in...

  • TOKYO, Jan 16- Japan's Nikkei share average slipped on Monday as investors locked in gains, bracing for more detail on the Trump Administration's trade policies, with steelmakers and shippers leading the losses. "Some people are taking profits as they look at his protectionist, dark side of his policies," said Norihiro Fujito, senior investment strategist at...

  • SYDNEY, Jan 16- Copper prices climbed on Monday, extending hefty gains that came last week as the outlook for demand brightened in the wake of strong economic data in top consumers of the metal. *The most-traded copper contract on the Shanghai Futures Exchange advanced 1.35 percent to 48,140 yuan a tonne. *Sterling slid to three-month lows in Asia on Monday with...

  • LONDON, Jan 13- Almost exactly three years ago Indonesia rocked the global nickel market by banning the export of unprocessed minerals. Now Indonesia has done it again, this time by part reversing that ban. The fear is that Indonesia will ramp up both production and exports again, reversing a shift to supply shortfall in the global nickel market and killing off a...