Ruslom

RUSLOM.COM is the National Association in Russia that brings together companies involved in the processing and recycling of scrap metals, electronic waste, and end-of-life vehicles. The organization has been actively participating in international dialogues and conferences, such as a webinar by Steel Mint India on scrap export and a conference with the China Association of […]

Better Deals

Better Deals, established in 1982 and headquartered in Lahore, Pakistan, began as a Ferrous and Non-Ferrous Metals indenting house and has diversified into the Energy & Minerals sectors over time​1​. It’s touted as Pakistan’s No. 1 commodity brokerage house in terms of volume, outreach, and product portfolio, connecting Pakistan with over 60 countries. Annually, they […]

World’s Largest Coal Exporter Warns Of Energy Crunch, Imposes Export Ban 

BY TYLER DURDEN TUESDAY, JAN 04, 2022 – 12:00 PM Chinese coal futures rose on Tuesday on Indonesia’s export ban over the weekend. Indonesia is the largest exporter of dirty fossil fuel, stoking fears of supply woes as the Northern Hemisphere winter is underway.  Bloomberg Intelligence notes ever since China suspended coal imports from Australia […]

Iron ore futures close lower

Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for January 2021 delivery dipped 10.5 yuan (about 1.6 U.S. dollars) to close at 867.5 yuan per tonne. On Monday, the total trading volume of 11 listed iron ore futures contracts on the […]

Anglo awards $176mn of Australian coal mine contracts

UK-South African mining firm Anglo American has awarded A$240mn ($176mn) of contracts for its 3.5mn t/yr Aquila project in Australia that is on track for first longwall production of premium quality hard coking coal in early 2022. Anglo American has awarded contracts worth almost A$200mn for two complete longwalls, which will be delivered to the […]