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BHP sees China commodity demand as stable. And that's the best case: Russell
BHP Group reported its lowest annual profit in three years, but the decline isn't the most worrying factor for the world's biggest mining company. |
Means of production prices rise in China
Specifically, the price of sulfuric acid went up 18.1 percent in mid-August compared to the beginning of this month, while the price for liquefied petroleum gas increased by 10.9 percent. |
China promotes high-quality development of shipbuilding industry
China's share of global orders for large LNG carriers exceeded 30 percent in 2022, hitting a record high. |
Indonesia’s nickel prices surge amid probe into mining approvals
Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, say local buyers, after an investigation into mining quotas disrupted production of the metal used in stainless steel and batteries. |
Nornickel plans to move some trading to Dubai
MMC Norilsk Nickel PJSC has established an office in Dubai, becoming the largest Russian metals and mining firm to set up in the United Arab Emirates following the Kremlin’s war in Ukraine. |
5G, industrial internet to lift manufacturing
Execs, experts underline high-techs' role in upgrading traditional industries. |
BHP reports profit slump for 2023 as commodity prices fall.
Reported figures for the financial year ending on June 30, 2023, reveal a steep slump in earnings for Australia’s largest company, known for its domination in the commodities sector. Revenue fell by 17%, from $US65.1bn ($A101bn) in FY22 to US$53.8bn ($A83.8bn... |
Tokyo Steel to keep product prices unchanged for 2nd month in Sept
Tokyo Steel Manufacturing Co , Japan's top electric-arc furnace steelmaker, said on Monday said it would keep steel product prices unchanged in September to reflect sluggish demand at home and abroad. |
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