Global insight

Iron Ore Hits Trade Limit in China As Rally Extends, Coking Coal Pauses

[Ferro-Alloys.com] Iron ore futures in China surged by their 9-percent limit on Thursday to hit a 30-month peak, extending a recent rally backed by strong coking coal markets as well as steel prices.

Friday, November 11, 2016

China Oct Factory Prices Rise More Than Forecast, Consumer Prices Also Pick Up

[Ferro-Alloys.com] China’s producer prices jumped more than expected in October as prices of coal and other raw materials surge in the midst of a supply crunch and a pickup in the economy.

Thursday, November 10, 2016

Starved of Coal, China Steel Mills Opt For Output Cuts And Early Repairs

[Ferro-Alloys.com]Stunned by soaring raw material costs, some Chinese steel mills have cut output and even started maintenance works earlier than usual as state-enforced mine closures continue to choke off the supply of key production ingredients, coke and cok...

Thursday, November 10, 2016

Indiana Steel Mill Reuses A Half Million Gallons Of Water And Eliminates 2,050 Tons Of Waste Annually With Ge Technology

[Ferro-Alloys.com] Faced with the environmental challenge of how to dispose of sludge, Indiana steel producer NLMK turned to GE's advanced water treatment technologies and innovative solutions to dewater sludge from the spray water system thickener. After a ye...

Thursday, November 10, 2016

Trump Victory Batters Solar and Wind Stocks, Bolsters Coal Shares

[Ferro-Alloys.com] The shares of companies in the renewable energy business plunged Wednesday after Donald J. Trump’s victory, and shares of coal companies soared on anticipation the president-elect would make good on vows to revive the industry’s fortunes.

Thursday, November 10, 2016

Indian manganese alloy producers switch to producing ferrochrome on tight feedstock

At least two Indian manganese alloy producers have switched to ferrochrome production this month on the back of surging manganese ore prices as well as tightening supplies, market sources said Friday.

Monday, November 7, 2016

SOUTH32 AGREES TO ACQUIRE PEABODY’S METROPOLITAN COLLIERY

[Ferro-Alloys.com] South32 Limited (ASX, LSE, JSE: S32) (South32) advises that it has entered into a binding agreement to acquire the Metropolitan Colliery and associated 16.67% interest in the Port Kembla Coal Termina South32 Chief Executive Officer Graham...

Thursday, November 3, 2016

Malaysia Steel Chamber of Commerce oppose to Raise Steel Protection Tax

According to Malaysia Steel and Metal Chamber of Commerce noted that the Government plans to raise duty on certain steel products to 19%, however, MSMCC will stick against.

Wednesday, November 2, 2016
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