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United States

Enrico Dela Cruz

Nickel mining indefinitely suspended in southern Philippines: official

5:11am EDT

MANILA A nickel mining hub in the southern Philippines, which produces mostly high-grade material, has suspended extraction operations indefinitely as the regional government conducts an industry audit, a top government official told Reuters on Monday.

China steel futures hit 1-1/2-month peak on stimulus expectations

Sep 15 2019

* China's Aug industrial output growth grinds to 17-1/2 year low

UPDATE 1-China iron ore scales 5-week high on restocking demand prospects

Sep 12 2019

* Spot 62% iron ore steady at its highest since Aug. 9 (Updates with closing prices, chart)

UPDATE 1-Philippines H1 nickel ore output rises 3% despite mine shutdowns

Sep 10 2019

* Fitch sees modest Philippine ore output in 2019-2028 (Adds updates on mine suspensions, comments)

Philippines declares first African swine fever outbreak near Manila

Sep 09 2019

MANILA Dead pigs found in some backyard farms in the Philippines tested positive for African swine fever, the country's agriculture chief said on Monday, the first outbreak of the virus detected in the world's 10th largest pork consumer.

China, Singapore iron ore futures slip on easing supply concerns

Sep 08 2019

MANILA, Sept 9 Iron ore futures in Dalian and Singapore fell in early trade on Monday after data showed China's imports of the steelmaking raw material rose in August to a 19-month high, the latest evidence of a continued rebound from recent supply-side issues.

UPDATE 1-Iron ore rebounds from selloff on hopes of China demand

Aug 30 2019

* Fitch cuts coking coal price forecast (Adds more detail, closing prices, graphic)

China iron ore rebounds, but set for first monthly drop in nine

Aug 29 2019

MANILA, Aug 30 Iron ore futures in China climbed on Friday, buoyed as some restocking demand for the steelmaking material emerged, but were on track for their first monthly decline since November 2018 as rising supply and uncertain demand prospects sparked selloffs.

UPDATE 1-China rebar extends slump on cloudy outlook; spot iron ore sinks

Aug 29 2019

* Benchmark spot 62% iron ore hits 5-1/2-mth low (Updates with closing prices, graphic)

China rebar futures bounce back from 5-mth lows on steel demand hopes

Aug 28 2019

MANILA, Aug 29 Rebar steel futures in China rebounded from five-month lows in early trade on Thursday on hopes of improved demand for the construction material in the near term.

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