Global insight
Brazil’s Ferbasa Sales up in Apr-Jun
According to Brazil’s Ferbasa said that its sales of high carbon ferro-chrome totaled 29,136 tons during April to June, increasing by 4.7% year on year. |
Glencore Leads Mining Slump
Glencore Plc led a global slump in mining shares on concern China’s decision to devalue the yuan will sap demand for commodities. |
December 2015 – New Commissioning Date for 55kt Tata Ferrochrome Plant
December 2015 is the new target date for Tata Steel to commission a 55kt per annum ferrochrome plant in Gopalpur, Odisha. Two previous dates – March and July 2015 – have been and gone and the company blamed delays on the installation of power transmitters. |
New Nickel Copper Discovery at Double Magic Ni-Cu Project
Buxton Resources Limited (ASX: BUX & BUXO) advises that it has discovered significant nickel and copper sulphide mineralization in its first reverse circulation (RC) drilling program at its 100% owned Double Magic Nickel-Copper (Ni-Cu) Project in Western Austr... |
Turkish Ferroalloys Import Slightly Down by 9.2% in H1 of 2015
In Jun 2015, Turkish ferroalloy export was 4,259 mt, dropping down by 41.5% M-O-M and dropping down by 206% Y-O-Y. In H1 of 2015, the total export was 37,391 mt, down by 40.5% Y-O-Y. Netherlands and Canada were the main importers of Turkish ferroalloys. |
Eskom still Looking to Close ‘gap’ between Actual and ‘Cost-Reflective’ Tariffs
State-owned electricity utility Eskom has again argued that South African consumers are not yet paying “cost-reflective tariffs” and has indicated that it will continue to pursue revenue “claw backs” through the National Energy Regulator of South Africa’s... |
Eskom Unveils New Coal-Sourcing Strategy as it Pursues R2bn Optimum Claim
State-owned electricity utility Eskom has confirmed an overhaul to its coal-sourcing model, which could result in it withdrawing from its historical cost-plus arrangements with “tied collieries” in favour of arms-length commercial contracts with coal supplie... |
Brazil’s Ferroalloy Import Rose Up by 63.3% in H1 of 2015
In June, 2015, Brazil exported 23,326 tons of ferroalloy, slightly down by 1% M-O-M and decreasing down by 25.2% Y-O-Y. In H1 of 2015, Brazil totally exported 232,349 tons of ferroalloys, up by 15.2% Y-O-Y. The materials including ferronickel, ferrosilicon and... |
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