Global insight

Hard Times for Steel Manufacturer

[www.ferro-alloys.com] Rest of industry was profitable last year, but the Dalian-based firm took on too much debt。Dongbei Special Steel Group Co Ltd, a state-owned steelmaker in northeastern China, started bankruptcy proceedings on Oct 10.It is the first stee...

Friday, October 14, 2016

China Iron Ore Imports Hit Second Highest On Record in September: Customs

[www.ferro-alloys.com]China’s iron ore imports surged to the second highest on record in September, customs data showed on Thursday, as mills in the world’s top steel producer ramped up production amid healthy profits.

Friday, October 14, 2016

Merafe ferrochrome output rising in higher price environment

The attributable ferrochrome production of Merafe is on the rise, with the black-controlled JSE-listed company reporting upped output primarily on additional production from the low-energy Project Lion II furnaces of the Glencore Merafe Chrome Venture.

Thursday, October 13, 2016

Stainless steel surge impacts nickel and ferro-chrome: Andy Home

Global steel demand will rise by a meagre 0.2 percent this year, according to the World Steel Association (WSA). Next year won't be much better with a forecast of just 0.5 percent growth.

Thursday, October 13, 2016

Tharisa exceeds production guidance

we’re very pleased and I think it’s been a concerted effort operationally just to bring stability to operations with mining exceeding its core rate in the fourth quarter and year-on-year improving some 5.8% enabling us to achieve the PGM concentrate producti...

Thursday, October 13, 2016

Amplats, Northam deal boosts Zondereinde mine life

A three-part transaction was announced on Tuesday when Northam Platinum and Anglo American Platinum (Amplats) each outlined a mix and match deal that involves R1-billion in cash for a large platinum mining resource area on the western limb of the Bushveld Comp...

Thursday, October 13, 2016

Special Steelmaker Files for Bankruptcy

[www.ferro-alloys.com] Dongbei Special Steel Group Co Ltd, a State-owned steelmaker in northeastern China, started bankruptcy proceedings on Monday.

Wednesday, October 12, 2016

Iron ore, steel fall in China after holiday amid property curbs

[www.ferro-alloys.com] Iron ore and steel futures fell in China on Monday as investors sold them off after a week-long holiday amid ongoing government efforts to curb property purchases, a campaign that some are worried may cool steel demand for construction p...

Wednesday, October 12, 2016
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