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Metals
Steel Dynamics rejoins the Mesabi Nugget iron-making venture
The board of US-based steelmaker Steel Dynamics has reversed course and approved the company's participation in a $235-million iron-making project in Minnesota little more than three months after pulling...  More...
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Fund involvement in aluminum market expected to stay in 2007
London Metal Exchange cash aluminum prices hit an 18-year high of $3,275/mt on May 11, generally following a trend seen with all Aluminum Outlookcommodities, and analysts and market players said they expect fund involvement in the aluminum market to continue. But the fundamentals have also been favorable to higher prices for most of this year. More...

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Metals WeekJapanese moly buyers in search of alternatives for Chinese
Japanese molybdenum traders and consumers are in search of alternatives as China is expected to cut exports of the metal as a result of the introduction of a quota system, local sources said. The Chinese government, in order to control the expansion of energy-intensive industry sectors and protect natural resources, is likely to issue a quota system limiting the amount of ferromoly and moly oxide exports from China, sources said. More...
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