GLG News by Metal Recycling Experts

EU  is  working  hard  and  struggling  to  make  Russia  do  business  on  internationally  accepted  terms.Russia  needs  EU  no  less  than  EU  needs  Russia.There  is  nothing ...

To review, in a little publicized study published on Copper.org, confirmation of certain desirable medicinal properties of copper and copper alloys were presented. This report was distributed to the association’s membership, but still has not received widespread publication by the media. However, this...

India announced on February 28 that it was initiating a tariff on iron ore of nearly $7 per metric ton.China’s purchases of 75 million ton of iron ore from India, comprise 23% of its total imports.Yet, one of the major Chinese importers, Sino Steel, has refused to purchase any new material. Last year...

Copper has desirable medicinal properties, some of which may kill undesirable microorganisms such as E Coli bacteria and Influenza viruses.It has been documented that copper has been used since Ancient Egypt to cure numerous diseases and afflictions.It may be time to bring copper into the environment...

Solid steel markets in the US have been catching the attention of overseas producers for some time.  Now that imports are definitely hurting the bottom line of the US makers they are faced with a rebounding raw material market that will further pinch margins.      

Foreign ownerships continues to be part of the US consolidation as companies seek to expand and create strategic alliances.  Some are merely a play to grab market share while others create synergies with existing operations.  This one is a little of both.

What’s going on with the copper market? On a regular basis, I am asked for my opinion on what is happening in the copper industry and/or the copper market. While copper has been all over the news for the last year or so, it is newsworthy mainly because speculators drive the price.

In a friendly offer to purchase Phelps Dodge (PD), Freeport-McMoran (FCX) expects to improve its net value for its stakeholders, and determine its own destiny.I would expect to see huge synergies in the operations, which would save on the expense side of the balance sheet, despite the statement that...