Global insight
Chrome ore: Firms Deek Export Duty Re-Imposition
Ferro chrome producers such as Jindal Stainless and Visa Steel have urged the government to re-impose 30% export duty on chrome ore as India’s insufficient reserves have been depleting fast.Chrome ore is used for production of ferro chrome, an important raw m... |
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. |
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... |
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, ... |
FMG: 2016 iron ore shipments are expected to increase
Global the biggest iron-ore exporter, FMG expected iron ore shipments will increase this year, due to the beneficial effect of weather factors. FMG predicted that shipments of iron ore in the first half of the year amounted to 84 million tons, and annual sh... |
Japan’s rebar exports statistics in Feb
According to statistics showed, in February of this year, Japan’s rebar steel exports totaled 36,329 tons; the export prices were at US$319.95/ton FOB. During the first two months of this year, Japan’s rebar exports totaled 78,286 tons; the export prices ... |
EU scrap exports fall in Jan
According to statistics showed, in January this year, EU 28-nations scarp exports totaled 945,000 tons to EU countries outside, down 35.7% year on year; down by 22% month on month; the export volume was the lowest since August 2015. Among them, EU exported ... |
International steel prices continue to rebound, but Taiwan steel market to be more caution
Reportedly, Chinese steel market demand continues to improve further, due to international steel prices remained stable. The market transactions are gradually warming up, but most mills will be more carefully to deal with prices. Chinese steel market reboun... |
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