Rio Tinto ( RIO.AU ) (AUD44.56, Mar.18, 2016)   Fortescue Metals ( FMG.AU ) (AUD2.74, Mar.17, 2016)   BHP Billiton ( BHP.AU ) (AUD 17.98, Mar.18, 2016)   Anglo American PLC ( AAL.UK ) (GBP5.409, Mar.18, 2016) Vale S.A ( VALE ) (USD4.25, Mar.18, 2016)   Kumba Iron Ore (KIO.SA) (ZAR86.60, Mar.18, 2016)   ...

The outcome of Chinese discussions to cut the country's aluminium output will be key to determining the global price of the light-weight metal, the head of Norwegian producer Norsk Hydro told Reuters on Thursday. Aluminium prices have dropped by nearly 50 percent since 2011 to USD 1,459 per tonne. Hydro Chief Executive Mr Svein Richard Bra...

Mr Satish Pai, chief executive officer (aluminium), Hindalco Industries, talks to Jayajit Dash on the outlook on aluminium prices, Hindalco's assets, strategies to be cost competitive and its focus on downstream business. Edited excerpts: Q - What factors are triggering the plunge in aluminium prices? A - The decline in alumini...

Goldman Sachs said that if China's old economy doesn't find its footing, metals demand could take another hit. Goldman said that "Only a major pick-up in Chinese demand is likely to be sufficient to balance metals markets such as copper and aluminum. This is because metals supply generally continues to grow, while Chinese demand is not, so deman...

Iron ore is sinking back toward $50 a metric ton as expanding low-cost supply and sputtering demand in China spur concern a global glut will persist into 2016, with Goldman Sachs Group Inc. forecasting significant losses. “We think it’s going down significantly,” Katie Hudson, managing director and senior investment manager at Goldman Sachs Ass...

China's stock market crash and currency devaluation have not dampened the optimism of mining giant Vale's chief executive, who said he is most upbeat on the iron ore market in two years. Vale CEO Murilo Ferreira told newspaper Valor Economico that China's stock markets have little relation to its real economy and a new foreign exchange policy has b...

Mr. Patrick Buffet, Chairman and Chief Executive Officer (CEO) of ERAMET, France who visited Japan had a press interview at Hotel Okura located in Minato-Ward, Tokyo on July 2, and announced the Company's activity in 2014 and the outlook for its future transaction as follows. As to the Group's business results in 2014, albeit the sales amount...

According to a new report issued by the China Iron and Steel Association, in the first quarter of the current year China produced 177 million MT of pig iron, down 2.3% while it imported 227.06 million MT of iron ore up 2.4% both year on year. As the end of April, inventories of imported iron ore at ports in China amounted to 95.07 million MT dow...

Enthused by the government’s new growth initiatives, Mr CS Verma chairman of Steel Authority of India Limited (SAIL) expects no less than 8% to 9% growth in steel demand in the current fiscal, from an anaemic 3.1% last fiscal. In an exclusive interview with Mr Surya Sarathi Ray of FE, Verma, who is also chairman of the Indian Steel Associa...

Mr Chandra Shekhar Verma Chairman SAIL talks about steering the company in the current tough times, when local as well as global demand is depressed. He shares his action plan for the next 10 years and talks about his five years at the helm. Q - SAIL has been battling stagnant domestic demand in recent years. How does the year ahead look? A -...