Global insight

Global Steel Production Falls, A Biggest Drop in 6 Years

[Ferro-Alloys.com]World Steel Association(WSA) has announced on January 25 that global steel production totaled 1.62 billion tons in 2015, down by 2.8% year on year.

Sunday, February 14, 2016

LME Nickel Prices Drop on Feb 10th

Ferro-Alloys.com]London Metal Exchange (LME) nickel prices settled at US$8,040/ton on February 10th, dropping by US$60/ton from the previous day.

Sunday, February 14, 2016

Isabel to Ship First Nickel Ore in Q1

[Ferro-Alloys.com]Nickel developer Axiom Mining was targeting first shipment of ore from its Isabel nickel project, in the Solomon Islands, d

Thursday, February 4, 2016

Russia Severstal’s crude steel production output up in 2015

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 Due to long products seasonal demand declined in 4th quarter, th...

Thursday, February 4, 2016

BHP Billiton announces to cut jobs at its Chile Escondida copper mine

BHP said that its Chile Escondida copper mine will launch a new round of job cuts and plans to layoffs are about 90 workers, due to continued falling of copper prices, copper prices have dropped by more than 30% in the past 12 months. The company also indi...

Thursday, February 4, 2016

France industrial producer prices drop in 2015

According to France National Institute of Statistics and Economic Research (INSEE) in December 2015, France industrial producer prices have dropped by 1.1% month on month; down by 2.7% year on year. In December, the country’s manufacturing exports fell by ...

Thursday, February 4, 2016

Fresh Selling Seen in Nickel, Open Interest up by 2.44%

Nickel settled down -1.36% at 572.70 amid slowing Chinese demand. Trade is expected to wane ahead of Lunar New Year, which will shut China for a week from Monday.

Thursday, February 4, 2016

Axiom Mining nears Q1 Nickel Shipments and $10M Funding Deal

Axiom Mining (ASX:AVQ) is edging closer to a milestone first shipment of nickel ore form the Isabel project in the Solomon Islands during Q1 2016 as a A$10 million financing facility and long-term offtake deal unfold.

Thursday, February 4, 2016
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