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SCRAP METAL PRICES

TOP SCRAP NEWS

  • Gold will create opportunities but also challenges in Africa: Randgold

    The looming undersupply of gold will create opportunities for mineral-rich African countries but they will have to compete aggressively for shrinking exploration dollars against each other as well as the rest of the world's gold-producing regions, said Randgold Resources chief executive Mark Bristow.

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  • Platinum looks inceasingly attractive at current values

    ETF Securities estimates the marginal cost of platinum to be near $1,400 an ounce and the all in cost near $1,800 an ounce.Platinum has declined sharply from the initial run-up on the back of the South African strikes earlier in the year, as speculative longs pared back after the labour resolution.

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  • Main sea freight index at Baltic Exchange advances to above 1,000 points level

    The main sea freight index at Baltic Exchange for bigger vessels advanced to above 1,000 points mainly due to strong activity in both the Atlantic and Pacific basins.

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