The miners use so much mercury to process the gold that the government declared a health emergency in much of the Madre de Dios region in May. Tests in 97 villages found that more than 40 percent of the people had absorbed dangerous levels of the heavy metal. Mercury poisoning affects people in many ways, from chronic headaches to kidney damage, but it is most harmful to children, who are likely to suffer permanent brain damage.
Saturday, 30 July 2016
Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious Land
The miners use so much mercury to process the gold that the government declared a health emergency in much of the Madre de Dios region in May. Tests in 97 villages found that more than 40 percent of the people had absorbed dangerous levels of the heavy metal. Mercury poisoning affects people in many ways, from chronic headaches to kidney damage, but it is most harmful to children, who are likely to suffer permanent brain damage.
Rising Nickel and Zinc Imports Add Fuel To Bull Market
Nickel and Zinc are two base metals that every commodity investor is talking about right now. Both metals have benefited from a bull narrative of supply shortfall this year.
Monday, 25 July 2016
Nickel and zinc prices hit multi-month highs
Prices for nickel and zinc rallied to multi-month highs on Thursday as investors bet on further supply disruptions for the industrial metals.
Friday, 22 July 2016
Britain just got its first concrete sign that Brexit will destroy the economy
The collapse in the composite PMI to its lowest level since April 2009 provides the first major evidence that the U.K. is entering a sharp downturn..
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Schlumberger Joins Halliburton in Calling Bottom of Oil Downturn
Thursday, 21 July 2016
EIU Global Forecasts Report 2016: Commodities forecasts
The Economist Intelligence Unit have produced their first global forecast since the Brexit vote. Please find below, their forecasts for commodities until 2020.
Tuesday, 19 July 2016
Navigating Volatility in Stormy Markets
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Q: Do you change your business or the way your business works?
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- Cost Reduction
- Working Capital
- Productivity
- Capital effectiveness
- Portfolio Strategy
- Financing
Monday, 18 July 2016
Nickel Industry Feature–Philippine DSO Supply at Risk
Nickel Industry Feature–Philippine DSO Supply at Risk
At risk is the volume of the country’s nickel in ore exports which are critical to Chinese nickel production, and a potential hit to the Philippines’ reputation as an investment destination. The Philippines became the largest exporter of nickel in ore, which is essential to China’s NPI sector, following the implementation of the Indonesian ore export ban in January 2014. China imported 29.6Mt of Philippine ore and 41.1Mt of Indonesian ore in 2013, as it built significant ore stockpiles ahead of the Indonesian ban. Chinese imports of Philippine ore rose to 36.4Mt in 2014 and 34.3Mt in 2015, with......
Thursday, 14 July 2016
All change in the world of industrial metals trading?
China has loomed large over the world of industrial raw materials for many years.
The prices of metals from aluminum to zinc have long swayed to the beat of the world's largest manufacturing nation...
U.S. Now Holds More Oil Reserves Than Saudi Arabia: Rystad
A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the U.S. now holds more recoverable oil reserves than both Saudi Arabia and Russia. For U.S., more than 50% of remaining oil reserves is unconventional shale oil. Texas alone holds more than 60 Bbbl of shale oil, according to this new data....
China on Pace to Meet Economic Targets This Year, Premier Says
Premier Li Keqiang said the Chinese economy is “basically stable” and on course to meet its major targets this year, with its second-quarter growth rate likely to be close to the first quarter’s 6.7% level when results are announced Friday...
China Slapped With 193% Import Duties on Imports of Stainless Steel Sheet/Strip
Heavy Duties on Chinese Stainless.
As a result, Commerce calculated a preliminary subsidy rate of 193.12% based on adverse facts available due to the failure of these companies to cooperate in the investigation...
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Wednesday, 13 July 2016
Nickel shortage expected this year
International prices on the London Metal Exchange are at around $10,000 a ton, up 31% since a low in February on signs that the market bottomed out after sluggishness since 2014. The net long position of funds trading nickel on the LME is 50,100 lots, 2.8 times as many as at the start of the year.
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China says U.S. deliberately misread WTO rules in steel subsidy spat
Tuesday, 12 July 2016
Brexit may 'spell the end' of high commodity prices
The late June decision by voters in Great Britain to leave the EU immediately hurt many markets, including commodities. The British pound dropped 8 percent to a 30-year low. The S&P GSCI - a benchmark commodity index - lost 3 percent the day after the vote. Oil was also a Brexit victim and lost 4 percent that day.
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Monday, 11 July 2016
Citigroup Backs Commodities for ‘17 in ‘Especially Bullish’ Call
“Citi is especially bullish commodities for 2017,” analysts led by Ed Morse wrote in an note received on Monday, two months after the New York-based bank said that raw materials’ markets had turned the corner. “The oil market is treading water for now, but the oil price overshot to the downside earlier this year and this is clearly setting the stage for a bullish end to the decade.”
Saturday, 9 July 2016
Global nickel demand outlook flat for 2016, 2017 amid lack of drivers
World nickel consumption is expected to stay flat in 2016 and 2017 as a result of weak economic growth and no rise in steel production, the Australian Department of Industry, Innovation and Science said Friday in its June quarterly report on resources and energy.
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China Warns of Punishment for Delaying Coal, Steel Capacity Cuts
China has threatened to punish regional governments for failing to close unneeded coal mines and steel mills, adding pressure to carry out reforms as the country shifts away from industrial production.
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Stainless Steel Round Bar Market: Global Industry Analysis, Growth, Trends, and Forecast 2016 - 2023
The rapid growth in oil and gas, construction, automotive, mining, and aerospace industries in recent years is fueling the global demand for stainless steel (SS) round bar significantly. These SS round bars offer excellent properties such as high corrosion resistance, tensile strength, electrical and thermal conductivity, magnetism, toughness, fire resistance, and sustainability as they can be recycled. These superior mechanical properties have led to the huge growth of the SS round bars market globally. On the basis of product type, SS round bars can be classified into categories such as Cr-Ni, duplex and super duplex, and high nickel alloys
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Brexit just a bump in the bull run for base metals
The EU referendum vote and the shock decision by 52% of the UK’s population to leave caused immediate shock waves throughout global financial markets: European stocks, the British pound, euro and global share prices all plummeted in the immediate aftermath, whilst safe-haven assets such as gold and the dollar rocketed up. Yet the base metals complex seemed to register only a small bump from the event, recovered quickly and is now higher than it was before the vote. Why is this?
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How to Build a Strong Brand
- Brand Identity – Who Are You.
In this first step, your goal is to create "brand salience," or awareness – in other words, you need to make sure that your brand stands out, and that customers recognize it and are aware of it.
- Brand Meaning – What Are You?
- Brand Response – What Do I Think, or Feel, About You?
- Brand Resonance – How Much of a Connection Would I Like to Have With You?
Attitudinal attachment: Your customers love your brand or your product, and they see it as a special purchase.
Sense of community: Your customers feel a sense of community with people associated with the brand, including other consumers and company representatives.
Active engagement: This is the strongest example of brand loyalty. Customers are actively engaged with your brand, even when they are not purchasing it or consuming it. This could include joining a club related to the brand; participating in online chats, marketing rallies, or events; following your brand on social media; or taking part in other, outside activities.