Metallurgy news
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Gold goes up and waits for Trump The first week of the new year was a period of growth for gold. Investors are wondering what Donald Trump's presidency will bring. Ole Hansen, Head of Commodity Strategies at Saxo Bank, explains: "At the beginning of the year, we are seeing buying pick up again and there are several factors that...
10.01.2017 11:51
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Best Metals and Commodities of 2016 Iron ore and zinc were the top performing commodities of the past year. Iron ore ended the year with 81% growth, the first calendar win in four years. At the same time, zinc jumped 65.7% YoY as major zinc mines were closed and supplies and supplies of this raw material declined. Here's how base...
09.01.2017 11:19
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North Korea celebrated its leader's birthday without launching rockets North Korea celebrated its leader Kim Jong-un's birthday on January 8 without new missile tests. He allegedly turned 35 on Sunday. Although, "without a missile test, there is no certainty about his actual birthday," various news agencies ironically note. At a briefing on Friday, South Korean...
09.01.2017 10:43
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Deutsche Bank on the rise of Ferrexpo PLC shares In its latest report, Deutsche Bank raised its target price for Ferrexpo PLC (LON: FXPO) from 185.00GBX to 205.00GBX with a potential 0.82% upside. Ferrexpo Plc operates in mines and a processing plant near Kremenchug in Ukraine. The Company's activities are vertically integrated: from iron ore...
08.01.2017 14:19
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Trump wants to have good relations with Russia despite hacker attacks According to American intelligence, Vladimir Putin wanted to help Donald Trump win the election while discrediting Hillary Clinton. However, Trump still doesn't believe it. Washington /New York - US President-elect Donald Trump has reiterated that he wants to maintain good relations with Russia,...
08.01.2017 12:28
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Russia supplies record amount of gas to Europe Due to cold winter weather and a decrease in its own gas production in Europe, Russian energy giant Gazprom is once again supplied to Europe with a record daily amount of 615.5 million cubic meters of gas. The supply growth continues almost daily. Thus, the third record year for Russian gas...
08.01.2017 12:07
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US Steel plans to reopen shutdown plant US Steel announced this week that it plans to reopen its shutdown plant in Keewatin, and previously laid off employees will be given jobs back. These plans stem from the fact that American steel production was a common theme at Donald Trump's rallies during the presidential campaign. US Steel...
07.01.2017 13:19
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New oil field discovered in Belarus In December last year, Belorusneft discovered an oil field in the country with forecasted reserves of 1.69 million tons of hydrocarbons. Exact reserves will be established after the second exploration well is surveyed. This was announced by a Belarusian company. Earlier Belorusneft announced...
07.01.2017 13:00
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Iran increases steel exports by 55% Iran's steelmakers are expected to export around 5.7 million tonnes by the end of the current fiscal year (March 2017). In the nine months ended December 2016, major steel producers exported more than 4,120,000 tons of steel products, registering an increase of 55% over the same period last...
07.01.2017 12:49
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2017 Predictions: Gold - Stocks - Trump - Putin - Military Action Jason Hamlin, who provides consulting services for Fortune 500 companies around the globe, has made some predictions for 2017 on the most important points. The gold price will rise above $ 1,500 in 2017, with the potential to revert back to historic highs in the event of a currency crisis, major...
06.01.2017 12:49
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