Global insight

Turkish Holding Seeks to Invest in Iran’s Ferrochrome Mines

[Ferro-Alloys.com]Turkey’s Yildirim Holding is interested in investing in Iran’s ferrochrome mines, said the holding’s Chief Executive Officer Yuksel Yildirim.

Tuesday, June 9, 2015

Steel Honchos Deek Boost to Sector

[Ferro-Alloys.com]With the steel sector in bad shape and investments in Odisha blocked due to multiple problems ranging from raw material to power, water and land, a high-profile delegation of the Indian Steel Association (ISA) met chief secretary G C Pati on ...

Tuesday, June 9, 2015

Brazilian Iron Ore Exports Drop in May

According to Ministry of Development, Industry and Foreign Trade (MDIC) in Brazil, the shipping quantity of iron ore from Brazil in May decreased to 23.65 million tons, dropping from 23.83 million tons from a month ago.

Monday, June 8, 2015

Sherritt's nickel output up at Ambatovy JV

Canada’s Sherritt International Corporation said the nickel output for the Ambatovy Joint Venture totaled 3,874 tons (100% basis) in May, up by 24.6% compared to the last month.

Monday, June 8, 2015

AK Steel to develop high strength steel plates for automobile

AK Steel Corporation recently said that the company would invest US$29 million for upgrading of hot-dip galvanizing production line reconstruction at Dearborn, Michigan plant.

Monday, June 8, 2015

Steel Players Sore over Low Ore Availability, Steep Water Cess

[Ferro-Alloys.com]Major steel producers that have grounded investments of around Rs 2 lakh crore on their projects in Odisha have urged the state government to step up availability of iron ore and chrome ore and soften steep water charges imposed on the units....

Friday, June 5, 2015

Brazil’s manganese ore exports rise in May

Manganese ore exports hit 141,527 tonnes in May, up 63% compared with April and up 5% compared with May 2014. Revenues for May were down year-on-year despite the increase in volumes, due to a 30% drop in manganese ore prices this year.

Friday, June 5, 2015

Returns at Top 40 Mining Firms Drop to 11-Year Low——PWC

Investment returns from the world’s 40 biggest mining companies declined to the lowest since at least 2003 amid a slump in commodity prices, according to PricewaterhouseCoopers LLP.

Friday, June 5, 2015
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