GLG News by Nickel Mining Experts (North America)

Base metal prices have been somewhat bearish as of late as have other commodity prices such as oil and gas.  Speculators often react and overreact to daily news items forcing large swings in commodity pricing. However the greatest real effect on commodity prices will be whether Chinese buyers come...

While reviewing the performance of resource funds for the first quarter of 2008,  I realized that there is now an availability of buying or selling specific commodities for actual users as a 'hedge' against price volatility.

High Fuel cost are keeping many boats tied to their slips or not being launched at all. Coupled with higher cost for storage, towing, moorage at destinations, and lower free income, the 2008 boating season will be very flat. New boat sales are at the lowest point in years and even used boats are flooding...

As published in Recycling Magazine Feb 2007, “Survey of Forecasts”, basemetals.com compiled price predictions of 22 analysts. These analysts are paid researchers that spend their time analyzing the metal markets.   In order to determine the price prediction, in this case in one year, the analyst...

Being an actual metal trader, selling scrap metal to mills and refiners, I believe I have a unique perspective on the base metals market. When selling scrap to a mill or refinery, the price is most often calculated using a mathematical formula.   Changes to the formula indicate changes in interest,...

The fp trading desk has made a bold prediction on short term copper prices which expects a price increase of 20% in a matter of one or two months. Their use of recent historic economic data does not tell the whole story.

Wheeling-Pittsburg Corp. has been sued for not paying for scrap steel. They claimed the scrap was out of specifcation. Assuming their claim is accurate, under what rule of law do they get to keep the scrap without paying for it?

The May 24, 2007 Reuters article, "Lawmakers mull coal-to-liquid fuel plans", touches on many aspects of a current debate, decisions and actions from which have significant potential impact, financially and environmentally, and long term and short term. While some advocates with their respective...

World wide consolidation in steel appears to be inevitable and Asia is the next area of real opportunity for significant consolidation activity.  Some movement in this direction has occurred with the alliance of different companies under the Nippon Steel umbrella or the combination of NKK and Kawasaki...

The article was right on target. Expect further cuts. India may become more active.