Vale

The ongoing spat between Brazil’s iron ore miner Vale and China has all the hallmarks of a sibling quarrel. Not that there aren’t fortunes at stake here, but the various parties are so interdependent at a company and a national level that you have to think a solution will be found soon. The issue at […]

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As the above graph shows, total percentage returns for the huge industrial metal and raw material producers, who’d attended last week’s Reuters Metals and Mining Summit, have not really been all that hot — indeed, rather cool to cold — over the past year. Sovereign debt concerns, cooler global industrial demand, strikes, natural disasters and […]

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MetalMiner welcomes guest contributor Carlos Tromben, executive editor at America Economia in Santiago, Chile. Carlos has an MA in communications from the ESCP-Europe in Paris, France. The world’s mining industry looks increasingly like the opening sequence of “Game of Thrones,” the popular HBO saga. It’s like a map where bellicose and greedy Houses wage wars […]

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Here are some industrial metals industry-related stories we’re keeping an eye on this week: China’s State-Owned and State-Controlled Enterprises Source: BBC On the heels of Chinese Vice-President Xi Jinping’s visit to the United States, the SOE issue takes center stage. From TradeReform.org: Congressman Pete Visclosky testified before the U.S.-China Economic and Security Review Commission during […]

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2011 was a year plagued by bad weather — particularly in Asia and Australia — that impacted metals prices, and 2012 is starting off on the same foot. A series of Reuters reports details problems first in Australia, where tropical cyclone Heidi lashed the west Australian coast last Thursday with winds up to 75 mph, […]

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Continued from Part One. So how does Beijing expect to achieve this consolidation, on which so much of the wider strategy depends? One tactic is apparently to guide provinces to close the following: blast furnaces of less than 400 cubic meters, converters and electric arc furnaces of less than 30 tons, HR strip mills of […]

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China’s 12th Five-Year Plan, covering the period from 2011 to 2015, emphasizes a number of environmental issues to a degree not seen in previous plans. A KPMG report highlights three of the goals that will have a specific impact on the metals industry: 16% reduction of energy use per unit of GDP 17% reduction of […]

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Are we seeing the beginnings of a bounceback in iron ore prices? After falling 36 percent since early September, the Platts 62% Fe iron ore price rose this week from $116.25/ton to $118.75/ton, according to an FT article. Source: Financial Times As the graph above shows, the iron ore price has plummeted this summer as […]

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Brazil has fared better than most over the last year or two. True, the country does have a problem with inflation, which has proved stubbornly hard to contain, and a strong currency has caused severe problems for Brazil’s exporters. Yet the country has low unemployment (part of the reason they have strong wage inflation), robust […]

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MetalMiner welcomes guest contributor Rahul Jalan, a Chennai-based senior research analyst in metals for Beroe, Inc. who tracks the global steel and rare earths supply chain and analyzes global procurement developments to help develop procurement solutions for the company. Beroe specializes in providing procurement intelligence for a broad swath of industries, enabling buyers’ decision-making. Previous […]

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