Global insight

Afarak Group Oyj’s Hold Rating Reaffirmed at Investec (AFRK)

Afarak Group Oyj, formerly Ruukki Group Oyj, is a Finland-based company active in the steel sector. The Company’s business comprises two production divisions, FerroAlloys and Speciality Alloys, and a sales and marketing operation, RSC Limited. The

Tuesday, September 29, 2015

Bulk Ferroalloys DOC Sets Duties on Australian SiMn

Late last week, the US Department of Commerce report¬ed preliminary duties on Australian silicomanganese. Last Monday, CRU Ryan's Notes noted that the preliminary duty was levied at 11.93%

Monday, October 19, 2015

AFARAK GROUP OYJ’S HOLD RATING REAFFIRMED AT INVESTEC (AFRK)

Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...

Monday, September 28, 2015

Sponge Iron Industry in Odisha Stares at Dead-End

It was a boom for five years. With high profit margins, easy availability of iron ore and coal, and better logistics, Odisha became a hot seat for sponge iron industry in India during 2005-2010, leading to mushrooming of sponge iron units – 95 of them. Howeve...

Monday, September 28, 2015

Zimasco Targets Cost-Effective Chrome Mining

ZIMASCO says there is need for extensive exploration so more chrome ore bodies can be identified to enable cost-effective mining of the thin chrome ore seams of the Great Dyke.

Monday, September 28, 2015

Afrochine Fails to Reach Full Output Capacity

Chinese chrome smelting company, Afrochine’s Selous smelting plant is failing to reach full production capacity due to feedstock shortages, the company has said. The company is considering increasing production following the recent lifting of a ban on chrome ...

Monday, September 28, 2015

Raw Chrome Export Volumes Capped

THE government has placed a cap of 200,000 metric tonnes on raw chrome exports to end of December this year in a move aimed at enhancing viability of local smelting firms.

Monday, September 28, 2015

Mirabela Goes Into Administration

ASX-listed Mirabela Nickel on Friday announced the appointment of administrators as tough market conditions persisted.

Friday, September 25, 2015
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