There has been some downward pressure detected in the German hot rolled coil steel market, according to MEPS. A number of service centres have financial difficulties as end-users press for reductions. Consequently, they in turn, are calling for discounts from the mills.
Nickel ore inventories at China’s major five ports – Rizhao, Lanshan, Lianyungang, Tianjin and Jingtang – fell by another 150,000 tons last week to 14.55 million tons, Shanghai Metals Market data showed.
Randgold Resources' (Lse: Rrs) (Nasdaq: Gold) Tongon Gold Mine In Côte D'ivoire Is Continuing To Make Headway In Its Drive To Overcome The Technical Issues That Have Impacted Its Performance, Chief Executive Mark Bristow Said Here Today.