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China’s long steel export prices rise

  • 9 November 2016
  • Author: NarinUser1
  • Number of views: 472
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China’s long steel export prices rise

China’s long steel export prices rose during the past week following recent rises in the domestic market. China’s rebar export prices for December/January shipments is reported 390-400 dollar per tonne fob on Wednesday November9, up 35-40 dollar per tonne from a week ago. Most of offered prices were heard about 405-410 dollar per tonne, also some mills withdrew their offers.  According this report, wire rod export prices were about 410-415 dollar per tonne fob on Wednesday that is 45 dollar upper from a week ago.

Middle East crude steel production rise

  • 21 October 2016
  • Author: NarinUser1
  • Number of views: 629
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Middle East crude steel production rise

Crude steel production in Middle East region rose by 6.33% in September compared with the same month last year. Total volume production was 2.36 million tonnes in that month compared with 2.21 million tonnes in September 2015. Iran with producing 1.59 million tonnes has recorded the highest crude steel production and the figure of production was 18.77% upper from the same month last year.

CIS crude steel production declined

  • 21 October 2016
  • Author: NarinUser1
  • Number of views: 557
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CIS crude steel production declined

CIS crude steel production declined in September this year by 3.54% from September last year to 8.23 million tonnes. Kazakhstan was the only country in this region that recorded production rise by 7.58% from the same month last year.

China’s refined copper output rise in September

  • 21 October 2016
  • Author: NarinUser1
  • Number of views: 468
  • 0 Comments
China’s refined copper output rise in September

Refined copper production in China rose 7.2% in September compared with the same month last year. The figure of production for September this year was 725,000. The amount of production of September decreased 2.4% from August. Total amount of output for the first nine months of this year was 6.22 million tonnes that is 8.4% upper from the same time last year.

Gold Stays Soft as Oil and Stocks Fall Modestly

  • 8 October 2016
  • Author: NarinUser1
  • Number of views: 448
  • 0 Comments
Gold Stays Soft as Oil and Stocks Fall Modestly

There are a number of key fundamental issues afoot in the markets today. Among them are the confusing new jobs data; the persistent softness in gold; the seeming hitting of a ceiling by oil prices, and the free fall of the British pound due to what is now being called “hard Brexit. The September U.S. jobs report came in below expectations, but given how second-look adjustments have been trending, the ultimate figure will eventually come in barely under expert predictions. The ever-continuing uptick in job creation, however, has enticed more people into the marketplace. Thus, the unemployment rate moved up a tenth of a percent.

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