Global insight

Min 15% value addition must for procurement of imported steel

[ferro-alloys.com] Imported steel must undergo a minimum prescribed value addition of 15 per cent in order to be eligible for procurement by government departments, the steel ministry said today.

Wednesday, July 5, 2017

Credit Suisse says the iron ore rally has further to run yet

[ferro-alloys.com] Iron ore markets can be a bewildering beast at times. One minute prices are plunging, the next they’re flying higher.

Wednesday, July 5, 2017

Top 3 coal countries produced 6% more coal from January to May

[ferro-alloys.com] Just when you thought coal was out, the fossil fuel appears to be back on the burner

Tuesday, July 4, 2017

Can the Oil, Iron Ore Rally Last?

[ferro-alloys.com] Oil and iron ore prices have bounced over the past few days as the U.S. dollar has weakened, but can the rally last?

Tuesday, July 4, 2017

Iron Ore Surges Into Bull Market as Mills Come Off the Sidelines

[ferro-alloys.com] Iron ore’s bear market lasted all but three months. The raw material has rallied back into bull-market territory right at the end of the first half on a surge driven by mills in China boosting purchases to replenish inventories, with higher...

Monday, July 3, 2017

Mr Trump may impose high custom tax of steel

Mr Trump may impose high custom tax of steel

Monday, July 3, 2017

World steel output 5% ahead of 2016 levels

[ferro-alloys.com] In April, crude steelmaking capacity utilisation surged to 73.6% among the 67 member countries of the World Steel Association (WSA), which is equivalent to increases of 2.5 percentage points over the same month last year and of 1.7 points ov...

Monday, July 3, 2017

Iron ore price jumps to 8-week high

[ferro-alloys.com] The Northern China import price of 62% Fe content ore gained 2.3% on Tuesday to trade at $62.90 per dry metric tonne according to data supplied by The Steel Index. The price of the steelmaking raw material is now up more than 18% from year l...

Friday, June 30, 2017
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