Global insight

Bushveld to Pay $17.2 Million for SA Vanadium Mine

Vanadium demand is expected to remain robust, despite the precarious state of the global steel sector. A total of 90% of all vanadium produced globally is used as a strengthening agent in steel fabrication.

Tuesday, May 10, 2016

United States Steel Import License Application Down in April

[www.ferro-alloys.com] According to United States steel import monitoring and analysis of data released by the Ministry of Commerce recently, United States iron and Steel Institute (AISI) announced in April this year, United States steel import permit applicat...

Monday, May 9, 2016

European Heavy Plate Prices Continue to Rise

[www.ferro-alloys.com] Due to markets stocks fell last week, the European heavy plate prices continued to rise. In view of the shortage of raw material supply and the upcoming steel maintenance, market participants expected plate market demand might be limited...

Monday, May 9, 2016

Posco Business Performance Improves in Q1

[www.ferro-alloys.com] Korea Posco announced the financial reported in the first-quarter, the company’s production and sales volumes continued to decrease, but sales amount decreased which led Posco’s business performance has improved. Posco's crude steel p...

Monday, May 9, 2016

U.S. Steel Enlists Suppliers in Trade Spat

[Ferro-Alloys.com]U.S. Steel is trying to enlist suppliers in its fight against Chinese steel producers.

Monday, May 9, 2016

Renewables Top Coal in Power Production

[Ferro-Alloys.com]If there’s a war on coal, it’s increasingly clear which side is winning.

Monday, May 9, 2016

Boosting PSUs: E-auction Boosts Coal India Sales by Rs 2500 cr in FY 16

[Ferro-Alloys.com]The record coal production last fiscal allowed public-sector behemoth Coal India to augment sales via the lucrative electronic auction route to firms with captive power plants and power generators. The rise in e-auction sales boosted the com...

Monday, May 9, 2016

Coal Woes Push Peabody Energy to Brink

What we do know is that Chapter 11 is about restructuring, not necessarily winding up. And in a restructuring process, creditors are often asked to take a hair-cut so the beleaguered group can trade out of its troubles. Mine rehab obligations will be part of t...

Monday, May 9, 2016
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