HOME > REGIONS > CHINA

CHINA

China nickel-pig-iron producers cut costs amid weak demand

Thursday , 16 May 2013
Producers are racing to upgrade their facilities as reduced demand from stainless steel mills and weaker nickel prices drive them to cut costs.

China’s platinum jewellery demand up 16% in 2012

Monday , 13 May 2013
Platinum refiner Johnson Matthey said Monday that consumers were lured by platinum's discount to gold, which encouraged jewellers to boost stocks.

Chinese gold imports likely to grow even higher

Wednesday , 08 May 2013
This will help bolster prices for the metal, which has been abandoned by funds in other parts of the world in the wake of its historic rout.

Gold-hungry China braces for surge in imports

Tuesday , 07 May 2013
Chinese gold imports are likely to swell further as investors seek safety from economic uncertainty and after prices plunged to a 2-year low last month.

Top China copper firm shuts refined metal unit on scrap shortage

Monday , 06 May 2013
Jiangxi Copper, this weekend, shut a 100,000-tonnes-a-year facility due to a shortage of scrap metal. The firm says it will bring forward maintenance at the two facilities.

Shanghai steel extends gains but growth concerns persist

Monday , 06 May 2013
The most active rebar futures for October delivery rose 1.4 percent to 3,628yuan ($590) a tonne by the midday break, still not far from a near 8-month low of 3,530 yuan hit on Thursday.

Who’s smartest on gold – Chinese housewives or George Soros?

Friday , 03 May 2013
The huge surge of purchasing by Chinese - particularly Chinese women – is reported to have amounted to more than 10% of annual global mined gold output in just 2 weeks of frenzied buying.

Illegal rare earth production, smuggling still rife in China - official

Friday , 03 May 2013
Senior industry officials say illegal rare earth production and smuggling is still rife despite a long campaign to clean up the sector.

Mainland shoppers overwhelm Hong Kong gold retailers

Thursday , 02 May 2013
Hong Kong retailers found themselves buried under a deluge of thousands of mainland gold shoppers

Scrap shortages force output cuts at some Chinese copper producers

Thursday , 02 May 2013
At least two medium-sized refined copper producers in China have cut output because of scrap shortages, a move that may be replicated by bigger smelters, as falling metal prices crimp supply.

Gold’s fall brings new, young buyers in China

Monday , 29 Apr 2013
Though it is no surprise that Chinese as well as many Indian consumers buy gold when they see prices slide, the recent dip in prices has sparked a run on bullion from new quarters.

Iron ore under pressure as China steel output curbs loom

Monday , 29 Apr 2013
"The mood is generally bearish. Mills are keeping their iron ore inventory low because I think they are considering production cuts in the future," said an iron ore trader in Hong Kong.

Reign in demand expectations warns China Steel Body

Sunday , 28 Apr 2013
Officials with the China Iron and Steel Association (CISA) told reporters at a briefing that the government was looking for new ways to restructure the sector

Chinese demand to keep iron ore prices above $110 – Vale

Friday , 26 Apr 2013
According to Vale’s head of ferrous metals, Chinese demand remains robust and should keep prices in a range between $110 and $160 per tonne.

Iron ore prices likely to stay around $130 per tonne this year – Baoshan

Friday , 26 Apr 2013
According to the country’s largest listed steelmaker steel prices in China are also expected to remain steady.

Spot Gold USD/oz	1,359.60	-1.98%
Spot Silver USD/oz	22.25	-1.82%
Spot Platinum USD/oz	1,450.00	-2.23%
Spot Palladium USD/oz	735.25	-0.17%
LME Copper USD/t	7,330	+3.30%
LME Aluminium USD/t	1,841	+2.11%
LME Nickel USD/t	14,855	+0.58%
LME Lead USD/t	2,003	+1.83%