BRUSSELS (Commodity Online): World’s largest steel maker ArcelorMittal SA has announced its plans to build a steel mill in Sulaimaniyah in northern Iraq with Turkey’s Dayen.

LONDON (Commodity Online): Vedanta Resources may demerge its aluminium division.

By Steve Saville
Interest rates trended upward during the gold bull market of the 1970s in parallel with a generally high level of inflation fear, leading to the belief in some quarters that gold bull markets always go hand-in-hand with rising interest rates and inflation expectations.

MUMBAI (Commodity Online): Despite the high price of gold, India continues to be one of the largest exporters of gold jewellery items in the world. India's export of gold jewellery products in February 2010 saw a big jump of 37.51% compared to the same period last year.

BEIJING (Commodity Online) : China’s National Bureau of Statistics on Monday said country’s crude steel output was 50.36 million tons in February, 22.5% more than in the same month of last year, but 4.1% less than in the 52.53 million tons produced in January.