Global insight

Sumitomo Metal Mining exits Solomon Islands nickel exploration project

Ferro-alloys.com:Sumitomo Metal Mining Co., Ltd. (“SMM”) has decided to withdraw from the nickel exploration project

Wednesday, August 9, 2017

Iran to increase Iron Ore production capability

[ferro-alloys.com] TEHRAN (Scrap Register): Crude Iron Ore production capacity of Iran is all set to increase by the end of the current Iranian year to 1000 million tons per year from 75 million tons per year, as per the state mines and metal holding company I...

Tuesday, August 8, 2017

G20 Strengthens Language Regarding Steel Excess Capacity

[ferro-alloys.com] Falls Church, VA (AIIS) - Leaders of the nations attending the G20 Summit in Germany in July strengthened language expressing the group’s position on steel excess capacity.

Tuesday, August 8, 2017

Mexico imposes Provisional CV duties on Seamless Steel imports from India, South Korea

[ferro-alloys.com]MEXICO CITY (Scrap Register): Provisional countervailing duties on imports of seamless steel tubes from South Korea, Spain, India and Ukraine were imposed by the Mexico government, irrespective of the country of origin.

Monday, August 7, 2017

Keown: Is our affluence in jeopardy?

[ferro-alloys.com] A cartoon that causes the reader to seriously question our society’s behavior shows an alien spacecraft observing our planet and contemplating a landing. The visitors look at a region and see miners taking minerals from the earth. Workers a...

Monday, August 7, 2017

Most commodity price indexes rose in July, led by metals

[ferro-alloys.com] Energy commodity prices increased 3 percent in July, led by a 3 percent gain in oil and 8 percent surge in coal, the World Bank’s Pink Sheet noted. Agriculture prices rose 1 percent, led by 2 percent gains in oils & meals and beverages. Mos...

Friday, August 4, 2017

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

[ferro-alloys.com] Rio Tinto (ASX, LON:RIO), the world’s second largest miner, gave its shareholders an early Christmas present Wednesday as it declared its biggest interim dividend in the company’s 144-year history, thanks to climbing commodity prices that ...

Thursday, August 3, 2017

Iron ore price rise temporary, on China steel restocking: Barclays

[ferro-alloys.com] The iron ore price rise through July to over $70/dry metric ton is likely due to a temporary steel restocking cycle in China, and prices will fall to the mid-$50s/dmt CFR China level or below in the fourth quarter of 2017, Barclays investmen...

Thursday, August 3, 2017
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