Global insight

Japan’s NSSMC to supply titanium alloys steel for Aero-Engine

Japan's largest steelmaker Nippon Steel & Sumitomo Metal Corporation, has announced that the company has agreed supply of aircraft engine titanium alloy steel for France aero-engine manufacturer Snecma. Nippon Steel will be the first provided of titanium al...

Thursday, January 21, 2016

Vietnam’s Scrap Steel Imports Decline in 2015 y-o-y

According to statistics, in December 2015, Vietnam imported 265,000 tons of scrap steel, an increase of 20.1% year on year. The imports amounted to US$46.58 million.

Thursday, January 21, 2016

South32 Maintains 2016 Guidance despite Lower Q2 Output

Diversified spin-off South32 on Thursday reported that it was on track to meet production guidance for the majority of its upstream operations, despite reporting a drop in second-quarter and half-year output.

Thursday, January 21, 2016

South32’s Manganese Output Slumps

South32, the world’s largest manganese producer, said second-quarter output of the steelmaking ingredient fell by about a third after it halted mines and reviews operations to help weather the rout in commodities prices.

Thursday, January 21, 2016

Indsil Hydro Power and Manganese Ltd Takes Palakkad Smelter for Maintenance

Power and Manganese Ltd's Palakkad Smelter has been taken for scheduled, long term maintenance and an overhaul of its furnaces.

Thursday, January 21, 2016

Korea's Steel Statistics Results of Demand & Supply for Ferroalloy in October 2015

The production volume of ferroalloys in October 2015 compiled by Korea Iron and Steel Association (KOSA) was 52,995 tons, up by 7.9% from 49,125 tons in the prior month. The item-wise comparison with the prior month was high-carbon ferro-manganese being up by ...

Wednesday, January 20, 2016

ICBC Standard Bank Names Mark Thompson Head of Base Metals Trading

ICBC Standard Bank has appointed Mark Thompson, a former executive at trading house Trafigure’s asset management business, head of its global base metals trading.

Tuesday, January 19, 2016

Solar Power Starts Ascent In Texas

For years, Texas consumers have been buying electricity through renewable energy plans. Now TXU Energy, the state’s largest electricity retailer, has added a twist: 100 percent solar power.

Tuesday, January 19, 2016
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