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  • IEnova signs PPA with Mexican steelmaker

    3/27/17
    IEnova, the Mexican unit of US firm Sempra Energy, has signed a 20-year power-purchase agreement with steelmaker DeAcero to supply electricity to the latter's plant in Caborca, Sonora, from the 110MW Pima solar park The PPA is the...

  • Gold surges as Trump stumbles

    3/27/17
    Gold surged Monday in the wake of US President Donald Trump's failure to pass healthcare reforms. The yellow metal ended up with a US$10.05 gain to US$1,257.55/oz in London, its highest level since November 10, as the greenback...

  • LatAm-US steel shipments soar

    3/27/17
    Latin America's steel exports to the US surged in February. The region exported 615,107t to the North American nation, according to preliminary data from the US Census Bureau, up 83.4% from the 335,3767t seen in February 2016. ...

  • METALS: The week in 10 stories

    3/24/17
    Brazilian steelmakers made the news this week with some important milestones. In another chapter of the tug-of-war between its two largest shareholders, Luxembourg-based Ternium and Japan's Nippon Steel & Sumitomo Metal Corp (NS...

  • Minera Autlán refinances debt

    3/23/17
    Minera Autlán has refinanced its long-term debt. The Mexican ferroalloy producer, which also has mining and energy operations, repaid a credit line with Credit Suisse, according to a Mexican stock filing. The US$90mn, five-year...

  • Gold seen as range-bound in 2017

    3/21/17
    Gold prices will remain broadly stable in 2017, according to analysts at two financial institutions. BMO Capital Markets expects the yellow metal to trade around US$1,175/oz throughout the year. While the year following...