Technically MCX Aluminum May futures is looking sideways to weak. It failed to cross the previous high of 111.50 and on daily chart, it has fair bit of resistance around levels of 111.50-111.80....

Tata Steel Ltd (BSE:TATASTL, 500470) has reported weak performance for 2011-12 due to poor performance of the European operations while Indian operations registered robust performance amid growth c....

LME Aluminium shook off a disappointing Philadelphia Fed manufacturing index to close higher and outperform the other base metals and energy complex, said the global leader in Aluminium industry analy....

China’s crude steel production grew 2.6% to 60.6 Mt compared to April 2011. Elsewhere in Asia, Japan produced 9.1 Mt of crude steel in April, up by 7.6% compared to the same month last year. ....

Indian commodity futures market which witnessed rapid growth in trade volumes in the past few years has receded a bit in the first month of the current financial year (2012-13) with Forward Mraket ....

Reasons for under performance of base metals are that markets are afraid and the sentiments are skewed to the negative. This is seen in the performance of assets during the week- be it gold, sil....

Data analyzed from MEG’s Acquisitions Service shows copper deals dominated base metals acquisitions spending, accounting for the lion’s share of the 47% increase in the total base metal....

Lead prices have remained range bound on global uncertainties and China slowdown, however, the long term fundamentals for the metal remain strong on rapid growth expected in micro-hybrids and mild-....

London Metal Exchange base metal prices showed a negative trend on Friday. Steel is the only metal headed in positive direction on Friday which advanced by 2.53% to $464.50 per metric ton.....

Total Income has increased from Rs. 20040.30 million for the quarter ended March 31, 2011 to Rs. 28429.30 million for the quarter ended March 31, 2012.....

ArecelorMittal Orbit, the 114.5 metre sculpture of steel will become a star attraction at London Olympic Games 2012. The structure designed by Anish Kapoor and Cecil Balmond is made of 2000 tonnes ....

Southern and Northern Europe steel markets remained depresssed on increased Russia imports and subdued trading activity in general. North European Hot Rolled (HR) coil spot prices were margina....

London Metal Exchange base metal prices showed a mixed trend on Thursday.....

London Metal Exchange base metal prices continued down trend on Wednesday.....

London Metal Exchange base metal prices showed a negative trend on Tuesday except Aluminium alloy, Nickel and Steel.....

Technically on weekly chart, MCX Aluminium is in a range of 18 points and any significant down move will be there when it breaks the levels of 103.50 closing basis. On the upside the upper range is at....

London Metal Exchange base metal prices headed in negative direction on Friday.....

Mercator Minerals Ltd. (TSX:ML) says that it has lowered copper equivalent production guidance for 2012 due to hard ore affecting throughput.....

London Metal Exchange base metal prices continued negative trend on Thursday.....

London Metal Exchange base metal prices showed a mixed trend on Tuesday.....