Global insight

BHP lifts iron ore production by 4 per cent thanks to record output at WA mines

[ferro-alloys.com] BHP has hit its annual production target for iron ore for the financial year and posted strong growth from its thermal coal mines at the same time an industrial action overseas trimmed its copper operations.

Wednesday, July 19, 2017

Finished steel consumption rise 2.6%; production up 8.5%

[ferro-alloys.com] Consumption of finished steel grew by 2.6% in 2016-17, whereas production grew by 8.5% over the previous financial year, according to the data published by the Ministry of Steel.

Wednesday, July 19, 2017

Steel mills market introduction briefly

The three-month copper price was trading above $6,000 per tonne at the London Metal Exchange’s close on Tuesday July 18, supported by a weaker dollar, which is trading at a 10-month low.

Wednesday, July 19, 2017

OM Sarawak Intends To Produce 35000 Tonnes of Ferroalloys

Ferro-Alloys.com: Australian Renowned Group “OM Holdings Ltd.” 75% owned & Cahya Mata Sarawak Bhd. (CMS) 25% owned Joint Venture Company “OM Materials (Sarawak)” intends to produce 35000 Tonnes of Ferroalloys per month. OM Materials (Sarawak) is fully pre...

Tuesday, July 18, 2017

Rio Tinto lowers iron ore guidance to 330m tons

[ferro-alloys.com] Rio Tinto said it expects iron ore shipments to come in at the lower end of its target for 2017 at 330m tons amid further rail maintenance in the second half of the year.

Tuesday, July 18, 2017

Strong economy the backbone of steel consumption

[ferro-alloys.com] It is heartening to note that Indian economy is moving at the highest rate in the recent period and would continue to do so in the near future if the projections by IMF, World Bank, ADB and other reputed consultants are to be believed. In th...

Tuesday, July 18, 2017

China steel mill spreads with iron ore, coal grow further

[ferro-alloys.com] China’s steel export product spreads with imported raw materials remain on an upward trajectory, as steel prices won sustained support from stronger-than-expected second quarter GDP growth and property markets.

Tuesday, July 18, 2017

India to overtake Japan in steel production in 2 years: Tata Steel official

[ferro-alloys.com] India would overtake the world’s second largest steel producer Japan in the next couple of years and the country has targeted to produce 300 million ton of steel by 2025-30, a senior Tata Steel official said here today.

Monday, July 17, 2017
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