Global insight

India's Tata steel announces to withdraw from British investment

India's Tata steel company recently announced that it would withdraw from British. If India's Tata steel company out from Britain investment, will lead to the whole industry faces great pressure on steel business sides. From the industry cycle, global ste...

Monday, April 11, 2016

US Steel announces to cut 25% jobs in North America

United States steel has announced to cut 25% of its employees in North America, in order to reduce costs. The company did not provide the exact number of layoffs. A company spokesman said, because of the tough market conditions, including price volatility, ...

Monday, April 11, 2016

India to impose temporary anti-dumping duties on Chinese seamless pipe

On March 31, 2016, the India Ministry of Commerce announced to impose temporary anti-dumping duties on Chinese seamless pipe, the taxes were difference between the CIF price and the reference price. Reference prices set according to the product specificati...

Monday, April 11, 2016

European profile market prices are expected to increase

It is reported that Europe has planned to hike profile market prices shortly, the prices are expected to increase by about €20-25/ton, mainly European users have accepted the prices increased before Easter, and most Mills believed scrap prices will continue t...

Monday, April 11, 2016

US rebar mills increase the price on a new round

It's reported that the US Commercial Metals Company (CMC), US Gerdau long steel company announced to raise rebar prices were at US$20-30/short tonrecenlty, mainly for shipments after April 16 . Buyers have expressed this round of price increases is still dr...

Monday, April 11, 2016

New Caledonia may Allow Nickel Exports to China as Price Tumbles

New Caledonia is weighing lifting restrictions on the sale of nickel ore to China as world prices for the metal tumble and the future of a key Australian customer is in doubt. New Caledonia has long resisted selling ore directly to large consuming countries su...

Monday, April 11, 2016

Frank Marzoli Sells 50,000 Shares of Royal Nickel Corp (RNX) Stock

Royal Nickel Corp (TSE:RNX) Director Frank Marzoli sold 50,000 shares of the business¡¯s stock in a transaction that occurred on Thursday, April 7th. The stock was sold at an average price of C$0.27, for a total transaction of C$13,500.00.

Monday, April 11, 2016

Nava Bharat Ventures Gains after Signing Pact with Tata Steel for Chrome Ore Conversion

Nava Bharat Ventures rose 1.66% at Rs 165 at 10:10 IST on BSE after the company said that it has entered into an agreement for renewal of conversion arrangement of chrome ore into ferro chrome with Tata Steel.

Monday, April 11, 2016
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