Global insight

US's crude steel weekly output falls slightly

For the week ended April 2nd, US¡¯s domestic crude steel production was 1.65 million/short tons, the capacity utilization was 70.6%. Meanwhile, US¡¯s crude steel production output rose 2.2% year on year, and dropped by 1.5% month on month. After adjustment...

Thursday, April 7, 2016

Ferrexpo¡¯s iron ore production falls in Q1

Ukraine iron ore producer Ferrexpo announced its iron ore pellet production from the 3.3%, to 2.88 million tons. With their own raw material in the production totaled 2.87 million tons in the 1st quarter of this year, down by 2.7% month on month With their...

Thursday, April 7, 2016

Mexico to extend import tariffs on certain imports of steel for 6 months

After intense negotiations with the local steel industry, Mexico Ministry of Economy has extended 15% imports tariff on certain imports of iron and steel products for 6 months. Mexico Ministry of economy said the products involved slab, cold rolled coil, ho...

Thursday, April 7, 2016

Ukraine raises scrap export taxes for three years

Ukraine has announced to increase scrap export taxes from €10-35/ton for three years. The approval by Ukraine Parliament to immediate affected. Meanwhile, there are 250 Ukraine exporters have applied the exports of 3.8 million tons of scarp, which submits ...

Thursday, April 7, 2016

Nava Bharat, Tata Steel in Pact for Chrome Ore Conversion

Nava Bharat Ventures Ltd has entered into an agreement with Tata Steel Limited for a period of 4 years commencing from April 2016 for conversion arrangement of Chrome Ore into Ferro Chrome. This is a renewal agreement.

Thursday, April 7, 2016

Sumitomo Metal Mining's FY2016 Plan for Nickel Production

According to the summary of the plan for metal production Sumitomo Metal Mining Co., Ltd. released on April 1, the Company's production volume of ferro-nickel (in pure Ni equivalent) planned

Thursday, April 7, 2016

Premier African Minerals Ltd Eyes Profitability at RHA

[Ferro-Alloys.com]Premier African Minerals Ltd (LON:PREM) revealed it was on the brink of profitable underground operations at its RHA tungsten mine in Zimbabwe.

Thursday, April 7, 2016

MOIL Hikes Manganese Ore Prices by up to 50%

[Ferro-Alloys.com]State-run MOIL has hiked prices of various grades of manganese ore by up to 50 percent for April-June quarter. In a filing to BSE, country's largest manganese producer said it has increased the prices of all ferro grades of ore

Thursday, April 7, 2016
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