Global insight

Nickel Burns Out after Strong Start on the LME

Nickel failed to hold its strong start to Monday’s trading as its recent rally ended with a wider realisation that any restrictions on ore from the Philippines are years from being implemented.

Wednesday, September 10, 2014

Tata Steel to Start Work on Ferro Alloy Plant Soon

Tata Steel expects to commence work on its ferro-alloys plant at Gopalpur in south Odisha by March 2015, which is also the timeline for commissioning of its three million tonne steel capacity at Kalinganagar where the company is putting up a six mtpa steel pla...

Wednesday, September 10, 2014

Odisha Mining Corp to Supply Iron Ore, Chromite to Domestic Units

Announcing its mineral-linkage policy, the Odisha government has entrusted the Odisha Mining Corporation (OMC), a state government-owned company, to act as a nodal agency to ensure long-term raw material linkages to steel and ferro-alloy industries coming up i...

Wednesday, September 10, 2014

Appeal of zero dumping margin for Russian ferrosilicon surprises US market

US ferroalloys market participants have expressed surprise at a decision by domestic ferrosilicon producers Globe Specialty Metals and CC Metals and Alloys to file an appeal challenging July's negative final dumping determination by the Department of Commerce ...

Wednesday, September 10, 2014

CODELCO's Mo Production in Jan-Jun 35.3 Million LBS

Corporacion Nacional del Cobre (CODELCO), Chile has recently announced the results of its production and sales in the period from January to June in 2014. This announcement shows the production volume of molybdenum in pure element equivalent is 35.3 million lb...

Wednesday, September 10, 2014

Philippine Committee Approves Bill Banning Mineral Ore Exports

Reuters reported that a Philippine bill seeking a halt to exports of unprocessed mineral ores has been approved at the committee stage in the lower chamber of Congress, one of two bills aimed at extracting more value from the country's mineral resources.

Wednesday, September 10, 2014

Operations to resume at mine in Turkish province of Manisa

The operations will be resumed at a mine in the Turkish province of Manisa, where an explosion occurred on May 13, 2014, Turkish TV channel Haber7 said Sept. 9.

Wednesday, September 10, 2014

Tata Steel may commission Kalinganagar Ferroalloy Plant by Mar 2015

Tata Steel is likely to commission the first phase of its six million tonne (MT) ferroalloy plant in Odisha by March 2015.

Wednesday, September 10, 2014
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