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The increased demand for scrap steel for steel production and its application in various sectors including the automobile industry, building and construction industry are projected as the main factors for the market growth. The establishmen...
According to RBI, customers still prefer to buy physical gold during festive season. However, gold bonds have been witnessing increased demand over the past few years. The fact that gold bonds are easy to purchase and redeem online, makes i...
The press release by the Exchange noted that Q3 19 was its best quarter since its inception. A total of over 7.98 million contracts were traded during the quarter, valued at over $133 billion. The monthly trade volume surged higher to total...
According to NAWFR, the North American pellet manufacturers were forced to increase the usage of logs as feedstock, mainly on account of the shortage in availability of lower-cost sawmill residues. This in turn led to higher wood fiber cost...
A landslide at an illegal gold mine in the Democratic Republic of Congo (DRC) has killed at least 16 people on Wednesday. The accident took place at a shuttered mine in the town of Kampene. According to Governor Auguy Musafiri of the provin...
ND Paper, susidiary of Nine Dragons Paper Holdings Ltd., announced plans to make strategic investments in equipment upgrades at its U.S. mills next year. The investment is aimed at improving the asset quality of its Rumford, Maine and Biron...
LG Electronics announced launch of new campaign in India to raise awareness about responsible disposal and recycling of electronic waste. The GreenCycle campaign aims to reward customers with incentives for returning their end-of-life elect...
The Aluminum Association announced election of new chair and addition of new members to its board of directors. The trade body also announced the winner of the 2019 Marlan T. Boultinghouse Award. The announcements were made during the recen...
The latest trade statistics published by the U.S. Census Bureau suggests notable decline in exports of scrap iron and steel during the initial eight-month period of 2019. The exports dropped by 9.92% year-on-year to total $3.68 billion duri...
