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Materials and Metals Metals and Mining

  • *Graphic of China's coal imports: http://tmsnrt.rs/2lj1BS0. Teck has the ability to add to its output, but is waiting for the steel industry in India to take off, as well as watching policy developments in China. China remains key for the outlook for coking coal, with policy decisions likely to drive both short- and medium-term prices.

  • HOLLYWOOD, Fla., Feb 28- International and domestic companies have expressed interest in partnering with Codelco, the world's biggest copper producer, to develop its lithium assets, the Chilean state-owned company's chief executive said on Tuesday. Most of the world's lithium is produced in Australia and Chile. Despite an unexpected rebound in copper prices...

  • BEIJING, March 1- China's Sinopec Corp has started building a base for research into shale gas near its largest commercial discovery of the fuel, an industry website reported on Wednesday. The company, looking to cement its position as China's leading shale gas developer, plans to spend 339 million yuan building the facility near its Fuling shale project near...

  • LONDON, Feb 28- Chinese steel production rose by 7.4 percent in January compared with a year earlier, according to the World Steel Association. The official figures from China are still pending as the local steel association CISA aggregates two months data over the start of any calendar year due to the disruptive effect of the Chinese New Year holidays.

  • LONDON, Feb 28- Zinc and copper prices rose on Tuesday as ongoing strikes in Canada and Chile added to supply worries while a weaker dollar also supported the market ahead of a speech by U.S. Benchmark zinc on the London Metal Exchange climbed 0.7 percent to $2,826 a tonne by 1540 GMT, while copper rose 0.6 percent to $5,967.50. Strikes continued at Noranda Income...

  • TORONTO, Feb 28- Canada's benchmark stock index rose in morning trade on Tuesday, boosted by a jump in shares of a major bank and strong gains for gold miners as the precious metal held near a 3-1/ 2- month high. At 10:15 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 53.09 points, or 0.34 percent, at 15,516.60. Barrick Gold Corp rose 3.1 percent to C...

  • LONDON, Feb 28- Zinc and copper prices edged up on Tuesday as ongoing strikes in Canada and Chile added to supply worries, but gains were capped by uncertainty ahead of a key speech by U.S. Benchmark zinc on the London Metal Exchange was bid up 0.4 percent at $2,817 a tonne after failing to trade in official open outcry trading, while copper was bid 0.1 percent firmer...

  • LONDON, Feb 28- Chinese steel production rose by 7.4 percent in January compared with a year earlier, according to the World Steel Association. The official figures from China are still pending as the local steel association CISA aggregates two months data over the start of any calendar year due to the disruptive effect of the Chinese New Year holidays.

  • *China sells ready to discuss with EU. BEIJING/ BRUSSELS, Feb 28- China expressed concerns on Tuesday over what it said was increasing protectionism after European Union regulators imposed new duties on steel imports from the world's biggest producer. The companies named in the Commission's ruling included Nanjing Iron& Steel Co Ltd, Minmetals Yingkou Medium...

  • LONDON, Feb 28- Zinc prices rose on Tuesday as an ongoing strike at a Canadian processing plant added to supply worries, while other metals dipped on uncertainty ahead of a key speech by U.S. Benchmark zinc on the London Metal Exchange had added 0.5 percent to $2,820 a tonne by 1205 GMT, while copper dipped 0.2 percent to $5,925. A strike continued at Noranda Income...

  • LAUNCESTON, Australia, Feb 28- If you did nothing more than look at China's imports of iron ore, you would be satisfied that the robust rally in the price of steel-making ingredient is entirely justified. The strength in iron ore imports is being mirrored in the price, with futures on the Dalian Commodity Exchange rising 2.7 percent to close at 710.5 yuan a tonne on...

  • BEIJING, Feb 28- China's Commerce Ministry said on Tuesday it was "seriously concerned" by what it said was Europe's increasing protectionism in the steel industry after regulators slapped anti-dumping duties on certain types of plate steel imports from the world's top producer. On Tuesday the European Commission imposed definitive anti-dumping duties...

  • But persistent concerns over supply from large mines in Chile and Indonesia limited the decline. Three-month copper on the London Metal Exchange was 0.04- percent lower at $5,908.50 a tonne at 0700 GMT, backtracking from an intraday high of $5,944. The most-traded copper contract on the Shanghai Futures Exchange finished down 0.27 percent at 47,740 yuan a...

  • LAUNCESTON, Australia, Feb 28- If you did nothing more than look at China's imports of iron ore, you would be satisfied that the robust rally in the price of steel-making ingredient is entirely justified. The strength in iron ore imports is being mirrored in the price, with futures on the Dalian Commodity Exchange rising 2.7 percent to close at 710.5 yuan a tonne on...

  • SYDNEY, Feb 28- London copper was steady on Tuesday as investors looked towards a speech by U.S. President Donald Trump for more clarity on his economic policy, while persistent concerns over supply from large mines in Chile and Indonesia continued to buoy prices. *The most-traded copper contract on the Shanghai Futures Exchange was up 0.21 percent at 47,970...

  • *Spot gold was little changed at $1,252.15 per ounce at 0044 GMT. The metal hit its highest since Nov. 11 at $1,263.80 in the previous session. President Donald Trump's policy speech to a joint session of Congress on Tuesday night where he is expected to provide clues on his plans to cut taxes.

  • Workers of the Escondida copper mine protest during an indefinite strike in Antofagasta, Chile, on February 20, 2017.

    A strike at the Escondida copper mine in Chile appeared far from ending on Monday as the conflict neared its third week.

  • Water is added to concentrate at Freeport McMoRan's Grasberg copper and gold mining complex in Papua province, Indonesia, on Wednesday, April 22, 2015.

    Shareholders are pressuring miner Freeport-McMoRan to stand up to the Indonesian government over the U.S. miner's contract.

  • MOSCOW, Feb 27- Russia is proposing the creation of an OPEC- like organization for the global aluminum industry, TASS news agency quoted Russian Industry and Trade Minister Denis Manturov as saying on Monday. OPEC, the Organization of the Petroleum Exporting Countries, unites some of the world's largest oil producers. Its members, together with non- OPEC oil...

  • MOSCOW, Feb 27- Russia is proposing the creation of an OPEC- like organisation for the global aluminium industry, TASS news agency quoted Russian Industry and Trade Minister Denis Manturov as saying on Monday. OPEC, the Organization of the Petroleum Exporting Countries, unites some of the world's largest oil producers. Its members, together with non- OPEC oil...