Global insight

Tata Steel Q2 Net Seen Down 35%, EBITDA May Rise 10%

Private steel maker Tata Steel is expected to report a 35.3 percent decline in consolidation profit after tax at Rs 593 crore in July-September quarter compared to Rs 917 crore in the year-ago period due to higher tax rate, according to the average of estimat...

Wednesday, November 12, 2014

Thailand’s Ferroalloys Import up by 39.2% Y-O-Y

According to Thailand Customs statistics, the ferroalloy import volume in September 2014 was 11719 tons, up by 47.9% M-O-M and up by 39.2% Y-O-Y. The total import volume was 86,594 tons in Jan-Sep. 2014 mainly including silicon manganese, ferrosilicon and ferr...

Tuesday, November 11, 2014

Furnace Projects Fire up from SA to Malaysia

Smelter engineering firm Metix, a subsidiary of the German privately owned SMS Group, has commissioned the second set of furnace electrodes at the Lion ferrochrome complex Phase 2 (Lion II) expansion project, in Steelpoort, Limpopo, which is owned by the diver...

Tuesday, November 11, 2014

Glencore's Q3 2014 Vanadium Production down by 4 Percents

In Q3 2014, Glencore's vanadium pentoxide production was 15.2 million lbs, down 4% over the comparable period, relating to a planned longer annual maintenance shut.

Tuesday, November 11, 2014

POSCO’S Hot Rolling Plant No.4 Completed in Gwangyang with POSCO Engineering

POSCO’S Hot Rolling Plant No.4 Completed in Gwangyang with POSCO Engineering

Monday, November 10, 2014

Silicon Metal Consumption was up by 22% M-O-M and inventory was down by 4% in September 2014 in Japan

On October 30, Japan Aluminium Alloy Refiners Association released the result of demand & supply for silicon metal and the result of production of secondary aluminium alloy products in September 2014.

Friday, November 7, 2014

Indian Investor Eyes Zimalloys

FERROCHROME producer ZimAlloys requires between $24 million and $30 million to fix three of the firm's dilapidated furnaces to ramp production and turnaround its fortunes. An Indian investor is carrying out due diligence on the company after which the investor...

Thursday, November 6, 2014

Eskom: Low Risk of Blackouts this Week

Eskom said the risk of rolling blackouts on Wednesday and the rest of the week was low after engineers had made good progress in repairing the coal supply at a power station after a weekend accident.

Thursday, November 6, 2014
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