Indonesia’s Inalum sells $4 billion in bonds to fund Freeport purchase
State-owned Indonesian miner PT Indonesia Asahan Aluminium (Inalum) sold $4 billion of bonds last week in its first-ever U.S. dollar bond deal to fund the …
India’s steel giants to focus on product mix, quality to take on ArcelorMittal
India’s two biggest private sector steel companies JSW Steel Ltd and Tata Steel Ltd are banking on their diversified product mix to take on steel giant …
Australian Mines shares soar after partnering with Indian firm to produce key battery metal
Shares in Australian Mines closed 25 per cent higher last week after the company announced it had partnered with an Indian firm to evaluate the use of …
India’s industrial growth slips to 4-month low in September 2018
Industrial production grew at the slowest pace in four months at 4.5 per cent in September mainly due to poor performance of mining sector and lower offtake of …
RBI’s gold assets rose by 6.8 tonnes to 579.9 tonnes in Sept, says WGC
The Reserve Bank of India (RBI) purchased 6.8 tonnes of gold in September 2018, taking its total gold reserves to 579.9 tonnes, the World Gold Council said, …
Global gold demand steady in third quarter; central banks and consumer purchases offset ETF outflows
Global gold demand was steady in Q3 2018 at 964 tonnes, up just 6 tonnes year-on-year, according to the World Gold Council’s latest Gold Demand Trends …
Global steel output up 4.4 percent in September – worldsteel
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 151.7 million tonnes (Mt) in September 2018, a 4.4% …
NSE gets SEBI approval to launch futures contract in copper
The National Stock Exchange of India (NSE) has received permission from market regulator Securities and Exchange Board of India (SEBI) to launch large copper …
India’s steel demand seen rising with other developing nations despite challenges
As India recovers from the twin shocks of demonetisation and the goods and services tax (GST) implementation, its steel demand is expected to move back to a …
Steel demand in developed world healthy, growth to moderate – worldsteel
Steel demand in developed economies is expected to increase by 1.0% in 2018 and 1.2% in 2019, worldsteel said in its latest short range outlook. US steel …