Global insight
Lack of raw materials pushes VISA Steel into SDR corner
VISA Steel announced last September that the Joint Lenders Forum had decided to invoke strategic debt restructuring (SDR) norms in accordance with the Reserve Bank of India circular dated June 8, 2015 after an earlier restructuring exercise failed to deliver t... |
Namibia: Otjozondu Goes Into Voluntary Administration
[Ferro-Alloys.com]MANGANESE producer Shaw River Limited, owner of the Otjozondu manganese project has entered voluntary administration, as a consequence of low manganese ore prices. |
Anglo’s All-in 2015 Production up Despite Stuttering South African Inputs
[Ferro-Alloys.com]The 2015 full-year production of Anglo American increased by 5% on a copper equivalent basis, despite lower iron-ore and thermal coal contributions from South Africa and a flat performance by platinum. The London- and Johannesburg-listed dive... |
Russia Severstal’s Crude Steel Production Output up in 2015
[Ferro-Alloys.com]Russia steelmaker Severstal has announced its financial results for the year 2015, the company’s crude steel production 2.75 million tons in the 4th quarter of 2015, down by 5% month on month |
US Crude Steel Weekly Output Rises further
[Ferro-Alloys.com]For the week ended January 23, US’s domestic crude steel production was 1.67 million short tons, the capacity utilization was 69.8%. Meanwhile, US’s crude steel production output fell 7.6% year on year, and an increase of 1.1% month on mont... |
US town rejects solar panels amid fears they 'suck up all the energy from the sun'
Members of the public in Woodland, North Carolina, expressed their fear and mistrust at the proposal to allow Strata Solar Company to build a solar farm off Highway 258. |
Mincor Readies to Suspend WA Ops
ASX-listed nickel miner Mincor on Wednesday told shareholders that it was on track to suspend mining operations at its Mariners and Miitel mines, in Western Australia. The company noted that over the last 12 months, Mincor had responded rapidly to the deterior... |
Japanese Nickel-containing Stainless Steel Scrap Purchasing Prices Continue to Fall
[Ferro-Alloys.com]IIt is reported that Japanese nickel-containing stainless steel scrap purchasing prices has dropped below to ¥100,000/ton in middle January, down by ¥5,000/ton compared to early January. |
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