OAO GMK Norilsk Nickel (NILSY), the best performer earlier this year among Russian shares traded in the U.S., sank to a six-month low on concern demand will weaken amid expectations for a slowdown in global economic growth.
During the announcement of the company regarding the half year results on Wednesday, pin pointed on the pressures faced by the company, mainly due to the oversupply in the Chinese market as well as due to the creeping growth of the Chinese economy.
Since January, the entire trading and stainless steel production world has operated under the premise that a nickel ore shortage was caused by an unrefined ore ban in Indonesia. This week, evidence showed that the Philippines had produced much more ore for exp...
JAKARTA (Scrap Monster): The director at the Energy and Mineral Resources Ministry of Indonesia stated that, the country is not planning to get off with their decision which was implemented in the month of January in this year, which was mainly implemented to ...
AK Steel (NYSE: AKS) said today that the company has introduced CHROMESHIELD? 22, a new nickel-free stainless steel product with enhanced benefits and stable pricing for customers. CHROMESHIELD 22 was developed by AK Steel at its Research Center in Middletow...
Metallica Minerals has entered into a Royalty Agreement with a privately owned company to allow the mining and extraction of nickel ore from the company's Dingo Dam Mining Lease in Queensland.
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