Metal News Global SCRAP REGISTER en-us 2017-02-28T06:29:24+01:00 Australian Gold production hits 17-year high in 2016>uploads/news/2017/2/17221300011488166942 Australian gold production reached 298 tons during last year, its highest level since 1999, as higher bullion prices drove mining companies to dig deeper, according to the survey by Australian mining consultancy Surbiton Associates. Bullish as Gold rallies in face of expected Fed rate hikes>uploads/news/2017/2/10513410301488107484 Gold has a bullish posture considering the metal has been able to rise despite a bearish factor -- expectations for higher U.S. interest rates this year, said Jeffrey Nichols, managing director of American Precious Metals Advisors and senior economic consultant for Rosland Capital. Gold traders 'buy the dips'>uploads/news/2017/2/8247649041487924754 Gold is remaining bid even though the U.S. economy has performed well and markets expect the Federal Reserve to tighten interest rates this year, said TD Securities , these factors normally hurt gold. Swiss data shows subdued Gold exports to China in January>uploads/news/2017/2/10444273401487843326 Chinese gold traders appear to have held back on gold purchases in the immediate run-up to the New Year’s festival in January, said Commerzbank, citing data showing that 17.8 tons of gold was exported from Switzerland to China. Safe-haven Gold making a comeback next week?>uploads/news/2017/2/5321509971487838987 “Selling pressure on gold expected as we have double trouble this week -- option expiration on Comex… also FED speak this week and strong stocks, strong dollars dominate thinking,” said RBC Wealth Management’s George Gero. Switzerland Gold exports declines 19% in January>uploads/news/2017/2/9700990381487743849 Swiss Gold exports was seen a decline of 19 percent which totaled at 120 mt from 148 mt year on year, which is the lowest since March 2016. Asian iron ore hits 30 month high on stronger steel>uploads/news/2017/2/19026631011487741526 The seaborne iron ore market reached 30-month high getting support from higher steel prices. Chalco sees higher Aluminum, Copper price in 2017>uploads/news/2017/2/3450894961487666224 Aluminum Copper and Rebar price is expected to move higher in 2017, says Aluminum Corp of China (Chalco) in it's website as per Platts report. Higher exports of China in the month of January is mainly said to make the price move up. Freeport Indonesia expects dispute over concentration exports ban>uploads/news/2017/2/7032688951487658325 Freeport Indonesia expects a disagreement about the ban on concentrate exports from its Grasberg copper mine to be resolved but reserves the right to commence arbitration to enforce its contract and seek damages. US Scrap Gold prices gain; Gold Futures score back to back gains>uploads/news/2017/2/1167899641487337475 United States scrap gold prices gained on Thursday in line with gold futures prices at New York Mercantile Exchange scored back-to-back gains, sending prices to their highest finish in more than three months.