ZIMASCO, a unit of China’s Sinosteel Corporation has completely stopped operations at its ferrochrome refinery in Kwekwe after switching off furnace number five and six.
Rohit Ferro-Tech (RFTL) on Monday announced the company has extended the validity of Business Transfer Agreement (BTA) with Balasore Alloys for sale of its Jajpur manufacturing unit, upto Mar. 31, 2016.
It has been a tough year for iron ore producers, but BHP Billiton (NYSE:BHP) has been holding up well. However, as we move deeper into the downturn, the world's biggest miner will also be forced to take drastic steps.
According to Japan's Ministry of finance statistics in November of this year, Japan exported 584,000 tons of scrap steel, rose by 0.6% year on year, for two consecutive months increased.
Indian Commerce and Industry Bureau made an announcement on 15th Dec 2015, said that India government has started the anti-dumping investigation on aluminum foil imported from China.
The petition has filed by domestic steel producers, the survey involved th...