The main sea freight index at Baltic Exchange for bigger vessels gained on Thursday due to lower rates for capesize vessels.
Henan Yuguang Gold & Lead Co., Jinli Gold & Lead Co. and Wanyang Smelter Group lead the production cuts in Henan, citing current prices are far below production costs. Production is expected to be slashed by 15-30% and output plan for 2015 will be also reviewed.
Alaska based Interior Alaska Green Star is hosting a two-days electronic waste recycling event in Fairbanks ahead of Christmas. The e-waste collection will be begin from 9:45 a.m. to 4:15 p.m. on December 19-20.