
Gold demand in first quarter breaks all record
May 13, 2016 10:54 am UTC| Commentary
Demand for Gold, shot up in first quarter of 2016, to 1289.8 tons, surpassing all previous first quarter record and supply for the quarter, according to report from World Gold Council. Overall demand was 21% higher than...

Iron & Steel decline in China: Just speculative curb?
May 13, 2016 08:48 am UTC| Commentary
Iron and Steel, after ground breaking rally in last month and priors, on Chinas commodity speculation frenzy in under steady decline this year. Iron ore prices in Chinas Dalian Commodity Exchange, declined more than 5%...
Britain's steel industry: decline isn't just down to Tata
Mar 30, 2016 13:08 pm UTC| Insights & Views
Tata Steel is planning to sell its UK business after the companys board unanimously concluded that saving its plants in the country was simply not affordable. A statement released by Tata read: While the global steel...

Iron ore still has an important role to play in Australia's economy
Mar 21, 2016 07:47 am UTC| Insights & Views
Despite the recent increase in prices, there is still a sense of gloom and doom around the price of iron ore. However, increasing demand from developing economies for steel will eventually see demand catch up with supply...
Aluminium price rally unsustainable as China’s production likely to increase significantly
Mar 15, 2016 12:43 pm UTC| Commentary
Since mid-January, aluminium prices have grown 7.8%. Only zinc has surpassed this rally that grew 22% in the same period. Even though the recent recovery in prices of metals is largely a technically driven move and not in...
Mar 11, 2016 09:33 am UTC| Commentary
Iron ore has had a very good start in 2016 with prices rising 50%, making year-to-date best performing industrial commodity traded globally. The solid performance is due to the restocking cycle, before the spring...

China National People’s Congress will continue to boost metal prices
Mar 04, 2016 14:32 pm UTC| Commentary Central Banks
Chinas National Peoples Congress is to Convene in Beijing on Saturday. Among other things, the government will be presenting its next five-year plan for the years 2016-2020 there. The proceedings would provide crucial...