JAKARTA (Scrap Monster): The director at the Energy and Mineral Resources Ministry of Indonesia stated that, the country is not planning to get off with their decision which was implemented in the month of January in this year, which was mainly implemented to ...
AK Steel (NYSE: AKS) said today that the company has introduced CHROMESHIELD? 22, a new nickel-free stainless steel product with enhanced benefits and stable pricing for customers. CHROMESHIELD 22 was developed by AK Steel at its Research Center in Middletow...
Base metals reversed from Monday’s stronger close on LME trading, starting the week’s Asian trading mostly lower this Tuesday after yesterday’s Mid-Autumn break.
The base metal prices on the London Metal Exchange (LME) closed higher on Monday, with nickel prices climbing to a three-month high amid concern that ore shipments from the Philippines will drop.
Nickel prices climbed to their highest in seven weeks on Thursday as speculators returned to the market on worries that the Philippines could follow Indonesia in banning unprocessed ore exports.
Norilsk Nickel is the largest nickel and palladium producer in the world. Norilsk Nickel’s net profit tripled in the first half of this year, the company said in its first-half 2014 interim financial results.