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Materials and Metals Metals and Mining

  • MOSCOW, Jan 30- Russia appealed to the World Trade Organisation on Monday to settle a dispute with the European Union over anti-dumping duties imposed on its steelmakers, one of a number of trade disputes between the two. "The reason for the suit was multiple violations of WTO rules committed by the European Commission during its anti-dumping investigation," the...

  • NEW DELHI, Jan 30- India will launch its biggest aero geophysical survey of minerals next month to unearth deep-seated resources such as gold and copper, as it seeks to develop its mining industry and reduce its dependence on imports. Only a fraction of areas in India with mineral potential has been explored, which has meant that the country imports everything...

  • MOSCOW, Jan 30- Russia said on Monday it was appealing to the World Trade Organisation to settle a dispute with the European Union over anti-dumping duties imposed on its steelmakers. "The reason for the suit was multiple violations of WTO rules committed by the European Commission during its anti-dumping investigation," the ministry said in a statement.

  • LAUNCESTON, Australia, Jan 30- India has surrendered its status as the world's top importer of coal back to China, with its overseas purchases in 2016 falling to less than 200 million tonnes. India's coal imports last year totalled 194.93 million tonnes, according to vessel-tracking and port data compiled by Thomson Reuters Supply Chain and Commodity...

  • *ShFE closed for Lunar New Year holiday, reopens on Feb. 3. MELBOURNE, Jan 30- London copper traded little changed below recent eight-week peaks on Monday as China's week-long Lunar New Year holiday drained the markets of liquidity and direction. The Shanghai Futures Exchange is closed for the Lunar New Year holiday through to Feb. 2.

  • LONDON, Jan 27- Copper prices shrugged off a stronger dollar on Friday to end the week higher, buoyed by expectations that supply disruptions could tighten the market. The metal used in power and construction touched $5,981.50 on Thursday, its strongest since Nov. 28 on the potential for reduced output from a possible labor strike in Chile and a Freeport-McMoRan,...

  • *Copper seen averaging $5,350 in 2017, down 8 percent. Speculators piled in, optimistic about growth in top metals consumer China as well as the United States following Donald Trump's presidential election victory. But the median forecast of 31 analysts for the average 2017 price of cash copper was $5,350 a tonne, down 8 percent from Thursday's close of $5,838.

  • *Copper seen averaging $5,350 in 2017, down 8 percent. Speculators piled in, optimistic about growth in top metals consumer China as well as the United States following Donald Trump's presidential election victory. But the median forecast of 31 analysts for the average 2017 price of cash copper was $5,350 a tonne, down 8 percent from Thursday's close of $5,838.

  • LONDON, Jan 27- Copper was little changed on Friday anchored by a strong dollar but the expectation that supply disruptions could tighten the market looked set to leave the metal higher on the week. The metal used in power and construction touched $5,981.50 on Thursday, its strongest since Nov. 28 on potential for reduced output from a possible labor strike in...

  • MOSCOW, Jan 27- Russia's biggest steelmakers are expecting 2017 to be a better year for the industry as the national economy improves, thanks to firmer oil prices, and higher steel prices support profits. Net profits at the Russia's biggest steel producer, NLMK, fell 6 percent year-on-year in the third quarter of 2016 and analysts expect weaker earnings in the...

  • A worker monitors operations as water is added to concentrate at Freeport McMoRan's Grasberg copper and gold mining complex in Papua province, Indonesia, on Wednesday, April 22, 2015.

    Freeport-McMoRan warned that it would need to start slashing output and jobs at its Indonesia mine if it fails to get an export permit.

  • Unusual activity:

    “Fast Money Halftime Report” trader Pete Najarian discusses unusual options activity in Rio Tinto.

  • Commodities prices could be much better: MMG

    Andrew Michelmore, CEO at MMG, says that market sentiment when it comes to investing has changed.

  • More mining floats in Australia in 2017: Expert

    Philip Alexander, Jacanda Capital, says that the window for small tech floats is closing in the market.

  • 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.

  • Donald Trump

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

  • Gold bullion bars and coins.

    The "Fast Money" traders said there's still opportunities in the market as it continues to tick higher.

  • Gold bars

    Gold futures for February crossed above the key $1200 per ounce Tuesday, continuing an upswing that started on Dec. 15.

  • Trump rally metal movers

    CNBC's Dominic Chu takes a closer look at nine metal movers amid the Trump rally.