CME changes margin-setting methodology for precious metals
US exchange operator CME Group announced on Monday that it is changing the way it sets margins for precious metals to ensure adequate collateral coverage in view of the current market volatility.
During the survey period (January 6–January 12), the operating rate of rebar and wire rod rolling lines at steel mills in the Central China region remained stable, while the capacity utilization rate increased slightly.
Indonesia quota talk triggers nickel reality check
Nickel surged early this month on fresh speculation that Indonesia may tighten ore-production quotas this year, but not everyone is convinced the rally has legs – or that it will be enough to kick-start a new wave of western sulphide projects.