Japan’s ferrous scrap exports totaled 725,881 metric tons in June this year, increasing by 4.8 percent month-on-month and up 92.6% year-on-year, said the latest statistics released by Japan’s Ministry of Finance.

Turkey’s iron and steel imports totaled $1.74 billion in June this year, decreased by 1.6% year-on-year and down 5% month-on-month, according to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turki…

Turkey’s iron and steel imports totaled $1.74 billion in June this year, decreased by 1.6% year-on-year and down 5% month-on-month, according to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turki…

Russia’s import duty on large diameter steel pipes (LDP) will decrease this month due to the entry of Russia to the World Trade Organization (WTO), according to Moscow-based news agency Interfax.

Chile’s second largest miner Antofagasta Plc said that its copper output advanced by 16.5% year-on-year to 336 thousand tons in the first half of this year.

A greater chance for monetary stimulus from the Federal Reserve should support gold prices, with the yellow metal seen rising to $1,700 an ounce in 30 days, said Union Bank of Switzerland (UBS) in a commodity briefing.

The global gold prices ended slightly lower on Tuesday due to general weakness in the raw commodity sector.

The main point here is that silver and rsquo;s intrinsic value is currently understood and accepted by only the few who got into the market early. Those who get into it once the inevitable rally has started will be buying on impulse or out of fear, onl…