GLG News by Nickel Mining Experts (North America)

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.

Analysts are trying to determine if there's a new world order in the steel market and if the peaks and valleys of steel mills' profitability over the past 20 years have changed to become all profitable years for the forseeable future.  This depends on a number of factors.

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...

Citigroup, the biggest U.S. bank, last month became the first overseas financial company to manage a Chinese bank. It led a group that paid $3.1 billion for 86 percent of Guangdong Development Bank, a struggling Guangzhou- based lender with 500 branchesForeign Banks Struggling with China valuations.Foreign...

Paulson - China are gradual reformists.Bernanke- changed text in his prepared speech and pulled the term "effective subsidy" that angered the Chinese side and replaced it with the term "causes distortions" which will only add give fuel to the anti-China lobby in the U.S. China was caught off guard...

Despite U.S. pleas China seem intent on following it's own timetable on Yuan strengthening.....China gives U.S. a lecture on "building socialism with Chinese characteristics in an independent and self-reliant manner"On slowing GDP.....Cina has the poential and conditions to maintain fast economiic growth...

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.