Global insight

Rand Drop Curbs Ore Price to Raise African Rainbow Profit

African Rainbow and Assore Ltd.â??s (ASR) Assmang unit produces manganese in the country, which has the world’s largest reserves of the steelmaking ingredient. Transnet Holdings SOC Ltd., the state-owned ports and rail operator, is spending about 16.9 billion...

Friday, September 5, 2014

Kosaya Gora Iron Works Reduces HC FeMn Production

Kosaya Gora Iron Works Reduces HC FeMn Production

Friday, September 5, 2014

Energy Constraints Biggest Threat to SA Ferrochrome Industry

The biggest challenge facing South Africa’s ferrochrome industry was no longer China, but local energy supply constraints, chrome producer Afarak executive chairperson Dr Alistair Ruiters said on Wednesday.

Friday, September 5, 2014

Indian Solar Industry to Refocus on Growth

With the ambiguity surrounding the imposition of antidumping duties on imported solar panels behind it, the Indian solar power industry is looking to refocus on growth and would install about 900 megawatt (MW) of solar power in 2014, a statement by Mercom Capi...

Friday, September 5, 2014

Smelters Need Support to Survive

Smelters and foundries need support if they are to survive. As a start, Eskom has to sort out its electricity supply problems, and government’s R4-trillion infrastructure plan needs to get under way soon.

Friday, September 5, 2014

India Ferro Silicon Prices Rise by INR 500/MT

Ferro Silicon prices gain marginally on the ground of stronger buying activity. Market sources assume prices to remain stable and perhaps strengthen in the coming month.

Friday, September 5, 2014

JSL awarded Highest Allocation in OMC Chrome Ore Auction in Aug.

Jindal Stainless Limited (JSL) has got the highest allocation of 15,300 MT Friable ore among the inside -state (Odisha) bidders in the August round of Chrome ore e-auction followed by Visa Steel with 10,700 MT.Meanwhile, Rohit Ferrotech has got an allocation o...

Thursday, September 4, 2014

Nickel Revenue of Norilsk Nickel declined 3% in H1 2014

In 1H2014, nickel revenue of Norilsk Nickel declined 3% y-o-y to USD 2.1 billion. Though the average realized price recovered by 3% y-o-y, nickel sales revenue was negatively affected by a 4.5% y-o-y decrease in physical sales volume. Nickel remained the larg...

Thursday, September 4, 2014
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