• On May, 11, 2019
•  zhengyangpcb

The monthly analysis report published by the World Gold Council (WGC) suggests that gold-backed Exchange Traded Funds (ETFs) across the globe dropped by 2% in April. The total holdings declined by 57 tonnes (t) to total 2,424t at the end of the month. The outflows were led by North America, which accounted for 46t of […]

• On May, 09, 2019
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United States Steel Corporation has announced investment of over $1 billion towards installing state-of-the-art steel making technology at its Mon Valley Works. The proposed investment will see construction of new endless casting and rolling facility at its Edgar Thomson Plant in Braddock, Pa. and a cogeneration facility at its Clairton, Pa plant. This will make […]

• On May, 08, 2019
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ERI- the nation’s leading e-waste recycler has announced installation of e-scrap sorting robot at its Plainfield, Indiana facility. It is the company’s second location to install the groundbreaking A.I.-driven robotic sorter Super Automated Machine (SAM) designed and developed by Colorado-based AMP Robotics, after its Fresno, California headquarters. The integration of SAM into ERI’s scrap metal […]

• On May, 07, 2019
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The Dubai Gold & Commodities Exchange (DGCX) reported the best ever April performance since its inception. The traded volumes totaled 1.697 million contracts, which were valued at $32.29 billion. The elevated contract volumes were mainly driven by tremendous rise in volumes of Indian Rupee and G6 currencies trading. According to DGCX press release, the traded […]

• On May, 06, 2019
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Verso Corporation- the leading North American producer of coated papers announced its decision to permanently close its Luke, Maryland paper mill. The proposed closure is expected to be completed by June 30 this year. The decision will lead to reduction of coated freesheet production capacity by 450,000 tons, thereby reducing the annual paper production capacity […]

• On Apr, 28, 2019
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Seattle-based watchdog organization Basel Action Network (BAN) announced publication of a new guideline aimed at protecting developing countries from e-waste dumping. The guideline titled “Responsible Guideline on Transboundary Movements of Used Electronic Equipment and Electronic Waste to Promote an Ethical Circular Economy under the Basel Convention” was released ahead of the 14th Conference of the […]

• On Apr, 25, 2019
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The U.S. exports of gold dropped significantly by nearly 25% through the month of February this year. The trade data released by the U.S. Census Bureau indicates that the country’s gold exports totaled $2.91 billion during Jan-Feb ’19, down 24.54% when matched with the exports of $3.86 billion during the corresponding two-month period in 2018. […]

• On Apr, 23, 2019
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The government trade statistics published by various countries suggest mixed trend in scrap imports and exports trade during the opening month of the current year. The Russian scrap exports totaled nearly 237,000 tons in January. The monthly exports recorded drastic decline by 30.4% over the previous year. The largest export destination was Belarus, which received […]

• On Apr, 19, 2019
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The latest market update report published by the World Gold Council (WGC) indicates that holdings in gold-backed exchange traded products (ETPs) hit record highs in Europe during the initial quarter of the current year. The assets in European gold-backed ETFs reached 1,121.4t in Q1 2019, accounting for nearly 45% of the world gold-backed ETP market. […]

• On Apr, 17, 2019
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Dublin, Ireland’s waste-to-energy (WTE) facility announced that it just accepted its one millionth tonne of residual waste. The facility, which is located at Poolbeg in Dublin Port and run by Covanta Holding Corp., provides the Dublin region with a long-term sustainable waste management solution. The facility enables the area to divert post-recycled waste from landfills […]