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Brazil’s iron ore giant MMX to file for bankruptcy protection

Shares in iron ore mining company MMX Mineração e Metalicos were falling by almost 8% Tuesday, hitting an all-time low, after a broadly read Brazilian magazine reported the company may file for bankruptcy protection.

Wednesday, August 20, 2014

Price of Silicon manganese in India Kept falling amid Weakened Demand

[Ferro-Alloys.com]Silicon manganese prices fell for the 3rd week with demand dented as buyers were withdrawing offers owing to diminishing steel margins.

Tuesday, August 19, 2014

Major South African Assets Fail to Make Cut in BHP Billiton Portfolio Remake

Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement

Monday, August 18, 2014

CSC plans to hike stake in Sakura Ferroalloys in Malaysia

China Steel Corp (CSC, 中钢), the nation’s only integrated steel maker, plans to increase its investment in Malaysia-based Sakura Ferroalloys Sdn Bhd by US$13.87 million to replenish the latter’s working capital.

Monday, August 18, 2014

HC FeMn Prices in Inida on Track to Downtrend

[Ferro-Alloys.com] In recent period, high carbon ferromanganese market remains flat as demand was slow and traders were observed declining their offers. In Raipur, Ferromanganese (70% Mn) is being traded at INR57,000/MT. Currently in Durgapur, ferromanganese 7...

Monday, August 18, 2014

Shaw River Secures Loans for Namibian Manganese Project

ASX-listed junior Shaw River Manganese has secured up to A$8-million under two separate loan facilities with Bryve Resources to advance its Otjozondu manganese project, in Namibia.

Friday, August 15, 2014

China Under Little Inflationary Pressure in H2

China's July inflation was within market expectation, indicating little inflationary pressure for China in the second half year, HSBC chief China economist Qu Hongbin said on Sunday (Aug 10th).

Monday, August 11, 2014

China Regrets WTO Ruling on Rare Earth, Tungsten and Molybdenum

China's Ministry of Commerce (MOC) said on Thursday that it regretted the World Trade Organization's (WTO) decision to uphold a previous ruling against China's management of rare earth exports.

Friday, August 8, 2014
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