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The base metals prices on the London Metal Exchange dropped on Monday with many hitting multi week and multi month lows because of concerns that Greece is counting disaster as Greece pulled out of emergency meetings...

Posted By : Steelguru 3 hours 28 minutes ago
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Noranda Aluminum Holding Corporation announced the hiring of Julio Costa as President of the Company’s Bauxite and Alumina business. Noranda also announced that Mike Griffin, the Company’s Vice President of...

Posted By : Steelguru 3 hours 26 minutes ago
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The Jakarta Post last week reported that Indonesian President Joko “Jokowi” Widodo has vowed to crack down on growing illegal tin mining activities in the country to ensure that the government will be able to...

Posted By : Steelguru 3 hours 7 minutes ago
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Business Standard reported that the Union Ministry of Environment, Forest and Climate Change has granted environmental clearances to KJST bauxite and iron ore mines situated in Koira mining circle of Sundergarh district...

Posted By : Steelguru 3 hours 5 minutes ago
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The Malaysian tin market closed lower here on Monday and the trading volume dropped compared with last Friday.

Posted By : Steelguru 3 hours 3 minutes ago
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ET reported that operations have recommenced at Hindustan Copper's Surda copper mine in Jharkhand after a gap of over nine months, following discussions between all the stakeholders including, the state owned Hindustan...

Posted By : Steelguru 3 hours ago
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Canadian gold producers Alamos Gold Inc and AuRico Gold Inc on Friday said they have been granted final court approval from the Ontario Superior Court of Justice to combine the two companies by way of a plan of...

Posted By : Steelguru 2 hours 59 minutes ago
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An industrial plant in north Klang has been slapped with a show-cause letter by the Klang Municipal Council (MPK) for processing aluminium dross without a licence. Under the Licensing, Trade and Business By-Laws, the...

Posted By : Steelguru 2 hours 57 minutes ago
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Oman-based National Aluminium Products Company (Napco), one of the leading extruders of aluminium profiles in the GCC, announced that its CEO has been recognised for an award from Alam al-Iktisaad Wal A’mal (Aiwa),...

Posted By : Steelguru 2 hours 55 minutes ago
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Global aluminium production continued its upward trend since the end of last year, according to statistics of the International Aluminium Institute (IAI).

Posted By : Steelguru 2 hours 53 minutes ago
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Electronic gold trading has just opened for the week, and in the first few minutes of trade in Sydney, Australia, the yellow metal has jumped. Spot gold last traded up 0.8% at US$1185 an ounce, after touching US$1189 an...

Posted By : Steelguru 2 hours 51 minutes ago
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Metal Recycling Association of India has informed its memebrs about the meeting with DGFT and AERB last week about likely changes in scrap import procedures. A notification amending the current rules is likely to be...

Posted By : Steelguru 1 day 44 minutes ago
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Mr Jared Cummans wrote in investing.com that copper is one of the oldest metals known to man and has been used as a currency for more than 10,000 years. Now, this element is a key base for the industrial and...

Posted By : Steelguru 1 day 1 hour 18 minutes ago
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Linde’s oxy-fuel technology will be used in Constellium’s recycling and melting furnaces, with a goal of slashing energy consumption in half and increasing melting rates by 20%. The companies have signed a joint...

Posted By : Steelguru 1 day 1 hour 21 minutes ago
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Recycling International has published an article is based on the latest Non-Ferrous Metals World Mirror produced by the BIR world recycling organisation for the benefit of its members.

Posted By : Steelguru 1 day 1 hour 26 minutes ago
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China’s zinc concentrate output in May grew 8.7% from April to 464,000 tonnes, despite a 6.51% drop on the YoY basis, NBS data show.

Posted By : Steelguru 1 day 1 hour 24 minutes ago
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Wolf Minerals has put the first ore through the processing plant at the Hemerdon tungsten and tin mine in Devon. It means the group's goal of delivering Great Britain's first new metal mine for 45 years will shortly...

Posted By : Steelguru 1 day 1 hour 28 minutes ago
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Noranda Aluminum Holding Corporation announced that its Board of Directors has unanimously approved a 1-for-7 reverse stock split of its common stock and a reduction in the number of authorized shares of its common...

Posted By : Steelguru 1 day 1 hour 30 minutes ago
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The base metals market was disappointed by never ending Greek tragedy. The base metals prices on the London Metal Exchange drifted on Friday ahead of crucial Greece meeting over the weekend. Following another round of...

Posted By : Steelguru 3 days 4 hours 25 minutes ago
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Tin prices are set for the biggest first half decline in at least a quarter century amid ample supplies and lackluster demand. Tin is down 23 percent this year, the worst performing industrial metal on the London Metal...

Posted By : Steelguru 3 days 4 hours 28 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.303-0.0030.0170.0380.0290.225
BRL3.126-0.0040.0600.120-0.0060.867
CAD1.2410.0080.0180.022-0.0140.139
CNY6.208-0.0550.0000.007-0.004-0.004
EUR0.894-0.0140.014-0.005-0.0230.166
GBP0.6360.0000.006-0.263-0.0340.034
INR63.780-0.0510.0520.0721.5653.711
JPY122.298-0.595-0.7351.1842.51820.157
RUB55.7840.5402.2656.084-3.05520.147
ZAR12.272-0.0220.0300.4350.3391.679
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Jun 30 2015
Source : xe.com