Metals

Latest news from the commodity market. Updates on commodity trading, prices and futures news.

Metals

May 23, 2018

Iron ore market dynamics are shifting beneath calm facade

The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining...

May 22, 2018

U.S. commodity exports to China to rise amid trade talks, but volumes are capped

China has pledged to buy more U.S. goods to reduce America’s huge trade deficit and help avoid exacerbating a trade war between the world’s two...

May 21, 2018

China Retreats from U.S. Sorghum Probe Amid Global Market Chaos

China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked havoc across the global...

Container ships sit at a berth at the Port of Oakland in Oakland, California, U.S., on Tuesday, Jan. 13, 2015. The trade gap, or the difference in the value of imports and exports, shrank 7.7 percent to $39 billion, the smallest since December 2013, Commerce Department figures showed last week. Photographer: David Paul Morris/Bloomberg

May 16, 2018

Judge strikes down Oakland’s ban on shipping coal through port

A federal judge struck down a local ban prohibiting companies from transporting coal though an Oakland, California, export terminal that U.S. miners see as a...

A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin in this July 18, 2014 file photo. South Korea said on March 8, 2016 it would impose new sanctions against 40 individuals and 30 entities because of suspected links to North Korea's weapons programme and would ban vessels that had stopped at North Korean ports in the past 180 days. REUTERS/Yuri Maltsev/Files

May 15, 2018

India’s major ports Apr thermal coal shipments grow 24% on year

The Indian government’s 12 major ports handled 9.71 million mt of thermal coal in April, the first month of the current fiscal year 2018-19, up...

May 14, 2018

Diversification pays dividends for South Korean thermal coal buyers

South Korean thermal coal buyers have been working hard over the past year to diversify their supply sources and take advantage of price arbitrages in...

May 8, 2018

Port Hedland April Iron Ore Exports Flat

Pilbara Ports Authority has delivered a total monthly throughput of 59.1 million tonnes (Mt) for the month of April 2018. This was an increase of...

A tug boat pulls a coal barge along the Mahakam River in Samarinda, Indonesia, March 2, 2016. REUTERS/Beawiharta/File Photo

April 30, 2018

China’s coking coal imports are starting to rebound

China’s imports of coking coal staged a strong comeback in March after a weak start to the year, and may be poised for further strength...

A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin July 18, 2014. REUTERS/Yuri Maltsev/File Photo

April 24, 2018

China coal imports tumble on new rules, India yet to take up the slack

China’s decision to impose fresh restrictions on imports of coal at some ports appears to have caused a sharp fall in inbound shipments of the...

April 19, 2018

BHP cuts 2018 iron ore forecast, cites rail car upload problems

BHP Billiton Ltd cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly...

April 17, 2018

Vale reports iron ore output slips in first-quarter

Brazilian miner Vale SA said on Monday that total iron ore output slipped 4.9 percent year-on-year in the first quarter to 81.95 million tonnes, although...

Qinghuangdao Port is a major port for coal transportation.

April 17, 2018

China imposes restrictions on coal imports at southern ports

Thermal and coking coal imports at ports in southern China, including Fangcheng and Xiamen, came under restrictions over the weekend, market sources said. (more…)

April 11, 2018

China iron ore recovers as steel rises, but U.S. trade tensions weigh

Chinese iron ore futures jumped more than 2 percent on Tuesday, rebounding after a three-day retreat as steel prices rose, spurred by expectations of a...

April 10, 2018

World’s Top Iron Shipper Says China Import Boom to Level Off

The world’s largest iron ore exporter delivered a mixed message on the outlook, raising near-term price forecasts but combining that revision with a more somber...