Commodities

18.05.2012 18:11 23 comments Green-blind? US wages war on Chinese solar panel makers The US is set to increase tariffs on solar panels made in China in a bid to restrict Chinese companies’ presence on the market. Beijing claims this may hurt efforts to promote clean energy.		18.05.2012 17:12 1 comment Nordgold weak after split from Severstal Russia’s third-largest gold miner Nordgold reported on Friday its net income dropped to $60 million in the first quarter of 2012, or 30% compared to last year, after its gold sales fell 10%.
17.05.2012 16:56 NLMK posts good 1Q results, indicating market recovery Major Russian metals producer Novolipetsk Steel (NLMK) reported a 13% growth in profit in the first quarter of 2012, despite a seasonal slowdown in demand and dropping metal prices.		02.05.2012 14:44 9 comments Domino effect: Bolivia seized power grid from Spanish company Spain’s energy business gets a second hit from South America as Bolivia's President Evo Morales announced plans to nationalize the country’s major power grid owned by Spain's Red Eléctrica.
26.04.2012 15:19 1 comment US grain company seeks a piece of Russian wheat pie U.S food company Bunge Ltd is considering buying a stake in Russia’s United Grain Co, one of the world's leading wheat producers, as the Russian state prepares to sell a 50% stake in the company.		18.04.2012 19:19 2 comments Russian growth: IMF knows better The International Monetary Fund has raised its growth forecast for Russia based on higher oil prices. The figures are looking even better than the prospects portrayed by Russia's Economics Ministry. Eurozone crisis
10.04.2012 18:48 12 comments Sanctions against Iran: 'Hara-kiri' by the Europeans? Iran has halted oil sales to Greece in response to the EU sanctions coming into force in July. The country's Press-TV reports Tehran also cut supplies to Spain and may put on halt those to Germany and Italy.		10.04.2012 15:10 1 comment World leading titanium producer is partly up for sale State-owned Russian Technologies is considering selling 45% of the world’s largest titanium producer VSMPO-AVISMA for almost $1 billion.
20.03.2012 12:44 10 comments Golden age for gold is behind Precious metals may loose their lustre as an investment as futures experience the sharpest drop in two months.		07.03.2012 17:09 2 comments Commodities feverish on China slowdown When it comes to the commodities market, if China says it even plans to sneeze, others get a cold. And commodity markets got a fever after Chinese Premier Wen Jiabao lowered the country’s growth target.
06.03.2012 14:12 2 comments Facebook creates new Russia’s Wealthiest Man Russian metal tycoon Alisher Usmanov became the wealthiest person in Russia according to the Bloomberg Billionaires Index thanks to a well-timed investment in Facebook Inc.		05.03.2012 18:07 Russian authorities open granaries to boost export The Russian Ministry of Agriculture has decided to sell grain from the state intervention fund to keep domestic grain prices from rising further and to support exports.
24.02.2012 17:53 Nord Gold increased its net profit 89% in 2011 Gold mining operator Nordgold, a former subsidiary of Russia’s second largest steel-maker Severstal, saw its net results skyrocketed by 89% in 2011. The leap came as a result of increased production and higher gold prices.		17.02.2012 12:09 10 comments Russian steel bent by Iranian sanctions Russia is not imposing commercial sanctions against Iran over its nuclear programme, but its steelmakers could suffer as Tehran takes approximately 15% of Russia's exports.
10.02.2012 18:08 1 comment Gold dances to a Greek tune Gold continues to jive up and down, with “The Greek factor” playing the tune, and the inflationary bogey dictating the rhythm. Overall sentiment remains bullish, as the precious metal has gained around 11% since the start of 2012, going above $1,700.		18.01.2012 17:01 7 comments US Cold War law blocks Russia’s full compliance to WTO rules Russia says it won’t fully implement WTO commitments towards the US, until Washington abolishes cold war legislation over trade.
13.01.2012 09:26 Market Buzz: The oily bird gets the worm Given that oil is up for the second day running, analysts have a strong feeling for today’s trade in the black.		12.01.2012 19:01 4 comments Rocky Road for oil as Iran crisis boils Possible disruptions in oil supply continue to trouble investors pushing prices higher with analysts expecting oil market to face significant changes.
08.12.2011 13:37 Construction rehab stimulates Severstal's performance Russian flagship metals group Severstal has seen a boost in 3Q net profit, up 17% year-on-year to $429 million thanks to robust demand and high prices.		07.12.2011 12:16 Markets win Tuesday loss Russian benchmark shares started with gains as part of an upward correction after sharp drop on Tuesday, on the back of massive asset sales following economic and political concerns.

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