Global insight

Turkish local pipe market demand remains steady

Last week, Turkish pipe market demand fell further. Market participants pointed out that Turkish domestic pipe market prices increased in the past two weeks, due to the hot-rolled coil prices increase of US$35/ton, but prices remained stable last week. Alt...

Tuesday, April 12, 2016

Italy Ilva plans to complete asset sales before the end of June

Italy group Gilva iron and steel company (Ilva) plans to sell its Maghreb Services Center in Tunisia and Tunisacier mills. Maghreb produces 22,000 tons of steel plate per year and Tunisacier mill produces 200,000 tons of galvanized sheet per year. Italy gov...

Tuesday, April 12, 2016

Tata Steel plans to joint venture with ThyssenKrupp

Tata Steel announced on March 29 that it would sell its United Kingdom steel mill after the company planned to talk with Germany ThyssenKrupp in Europe to set up joint ventures. But ThyssenKrupp group has not confirmed the joint venture plan, the group said...

Tuesday, April 12, 2016

CMS Strengthens Investment Strategy

[Ferro-Alloys.com]Cahya Mata Sarawak Bhd (CMS) has further raised its investment in OM Materials (Sarawak) Sdn Bhd (OM Sarawak), which owns a ferrosilicon and manganese smelting plant in Samalaju Industrial Park, Bintulu by subscribing to the latter’s convert...

Tuesday, April 12, 2016

Largo Announces Changes to Management Team

[Ferro-Alloys.com]Largo Resources Ltd. ("Largo" or the "Company") announces effective April 4, 2016, the promotion of Mr. Paulo Misk to President of Brazilian operations of Vanadio de Maracás S.A.

Tuesday, April 12, 2016

Japan’s nickel-containing Scrap Purchase Prices remain High in April

[Ferro-Alloys.com]Japan’s nickel-containing stainless steel scrap purchase prices were at ¥100,000-110,000/ton in April, in Kanto area, remained as high compared to March’s level.

Tuesday, April 12, 2016

Philippines Nickel Miner Marcventures Considers to Build New Processing Plants

[Ferro-Alloys.com]Marcventures Corporation, one of the largest nickel mines in the Philippines said recently, the company considered the construction of a processing plant, in order to increase production and exports.

Tuesday, April 12, 2016

Japan's Special Steel Demand in 2Q Expected to Be 3% less than Year-earlier Period

[Ferro-Alloys.com]According to the forecast (based on a monthly average) on the demand for special steel products during April to June in 2016 the Ministry of Economy, Trade and Industry released on April 5, the demand for domestic consumption is 1.0268 millio...

Tuesday, April 12, 2016
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