Global insight

NMDC Share Sale Coincides with Rising Iron Ore Prices

NMDC had been forced to cut iron ore prices in FY16 in line with falling iron ore prices, with iron ore lumps (more remunerative compared to fines) feeling the pain. Photo: Aniruddha Chowdhury

Monday, April 25, 2016

Staggering Shifts to Avoid Heat Affecting Coal Production

"Coal India subsidiary Mahanadi Coalfields, headquartered in Odisha, has been asked by the government to suspend production and loading during the day - between 11 am and 4 pm.

Monday, April 25, 2016

Tata Steel: Welsh Billionaire Could Plough Own Money into UK Buyout

Matthews said he is “feeling really good” about the prospects of a rescue deal for the steel business, which could save thousands of jobs in the UK.

Monday, April 25, 2016

Kennecott's Production of Mo Concentrates in Jan- Mar 2016

The quantity of molybdenum concentrates produced at Bingham Canyon Mine by Kennecott Utah Copper in the period from January to March in 2016 was 100 tons

Monday, April 25, 2016

US’s Steel Sheet Market Demand Continues to Rise

[www.ferro-alloys.com] In recent weeks, many United States steel mills have increased their steel sheet market prices, makes United States sheet market overall prices increase further. Those for hot rolled coil prices up to US$500/short ton, is expected to con...

Friday, April 22, 2016

Posco Announces to Build New Wire Processing Plant in Indiana

[www.ferro-alloys.com] Korea steelmaker Posco announced that it would build new wire processing plant in Indiana, with total investment was about US$19 million. The products were mainly used for Automotive wire processing, will be able to add 60 new jobs by 20...

Friday, April 22, 2016

POSCO Announces Its Profits Drop Slightly in Q1

[www.ferro-alloys.com] Reportedly, Posco has just posted its operating profits was about US$581.89 million, which was better than earlier estimated 611 billion won profits. The company also pointed out that the seasonal demand rebounded in China market, which...

Friday, April 22, 2016

Vale update on Manganese Ore and Ferroalloy Production in Q1

[Ferro-Alloys.com]Manganese ore production decreased by 8.4% in 1Q16 vs. 4Q15 and was in line with 1Q

Friday, April 22, 2016
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