Essar-backed Mesabi Metallics to set up $15-billion steel plant in USMesabi Metallics will use iron ore for the Iowa plant from its mine in Minnesota, which was recently operationalised. The company has inves...
From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028Copper prices could surge further as historically low inventories, US stockpiling and constrained mine supply intensify competition for spo...
Poor man’s gold may become India's next big story as the silver horse risesSilver is gaining ground in India as record gold prices push consumers towards a more affordable precious metal. Prices have surged 160% in...
Essar to invest $18 billion in US, build America's largest steel plant in IowaEssar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produc...
Why is gold price falling today?Gold price has dropped significantly on Monday. The precious metal has dipped more than 3% and touched its lowest in over seven weeks. The ...
Gold, silver plunge up to 3% as oil surge, rate-hike bets trigger sell-off. What lies ahead?MCX gold and silver fell sharply as higher oil prices revived inflation concerns and boosted expectations of further US Federal Reserve rat...
Indian recyclers seek scrapping of pre-shipment inspection, letter showsIndia's leading recyclers' body has asked the federal foreign trade directorate to replace existing scrap import rules based on overseas ce...
Fed tightening bets weigh on gold pricesGold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes ma...
India urges Centre to intervene over EU metal scrap export list exclusionIndia’s metal recycling industry has urged the government to take up the country’s exclusion from an EU draft list allowing metal scrap exp...
Silver price today: Silver hits $64.78 on September 25 - here's why $63 and $70 are the key levels to watchSilver was trading at $64.78 per ounce on September 25, remaining range-bound amid high interest rates. Analysts predict continued strength...
Gold price prediction: Gold rate down for weekly loss, silver price is up. Here's what to expectGold rate prediction: Gold prices rose on Friday but was on track for a weekly loss, as rising US Treasury yields and growing expectations ...
In 2009, unemployed Staffordshire man spent 5 days digging and found £3.2 million treasure: What was inside the largest Anglo-Saxon hoard ever found?In 2009, unemployed metal detectorist Terry Herbert spent five days searching an English field and uncovered a huge Anglo-Saxon treasure wo...
Indian recyclers seek government intervention on EU waste ban proposalIndia's federal Ministry of Commerce and Industry is engaging with the EU regarding proposed metal waste export restrictions. The European ...
'The Big Short' fame Michael Burry bets on copper. Is red metal heading for a hot rally?‘The Big Short’ fame Michael Burry has disclosed a long position in copper producer Ero Copper, as supply constraints, falling inventories ...
Stocks in news: ONGC, Lloyds Metals, Canara Bank, Rays of Belief and GRSEIndian stock markets closed higher on Monday, with the Nifty 50 and BSE Sensex gaining points. Several companies, including ONGC and Canara...
EU waste proposal would ban India from importing bloc's metal scrapIndia will face import restrictions on EU metal waste starting May 2027. The European Commission proposed this new law, affecting aluminium...