Global insight

Peru Molybdenum Production Increases 17.2% in January- September 2015

According to the Peru Ministry of Energy and Mines in first nine months of this year, Peru's pure molybdenum production was 14,548 tons, an increase of 17.2% year on year, to 12,409 tons.

Thursday, December 3, 2015

Vale Still Operating Nickel Processing Plant at Onca Puma

While the plant continues to process ore into ferronickel, Vale has stopped operations at the open pit mine where it obtains the nickel ores, Jennifer Maki, Vale’s head of base metals, said on the sidelines of the annual “Vale Day” event.

Thursday, December 3, 2015

Finnish Outokumpu Delivers 5000 tons of Stainless Steel to Congo

Finland stainless steel maker Outokumpu announced that the company planned to deliver 5000 tons of stainless steel to Congo, the materials used for two refineries projects in the Congo.

Thursday, December 3, 2015

Japanese Stainless Steel Scrap Imports Increase in October

According to Japan's Ministry of finance statistics showed in October of this year, Japan imported 7251 tons of stainless steel scrap, an increase of 4.6% month on month.

Thursday, December 3, 2015

Mexico Plans to Lift Temporary Tariffs on Chinese Steel Imports

According to Mexico's iron and steel sector planned to increase 15% of temporary tariffs on Chinese steel imports.

Thursday, December 3, 2015

Molybdenum Oxide Prices Continue to Edge Higher

Molybdenum oxide prices continued to inch higher Monday, though trading volumes remained subdued.

Wednesday, December 2, 2015

Smog in north China puts pressure on seaborne iron ore market

The seaborne iron ore market remained depressed on Tuesday December 1 after hitting new low a day earlier, with heavy smog in north China contributing to the pessimism. The Metal Bulletin 62% Fe Iron Ore Index now stands at $42.24 per tonne, a loss of $0.7...

Wednesday, December 2, 2015

Vale says 2016 will be another challenging year for miners

Vale expects 2016 will be another challenging year for miners but says it is continuing to restructure to adapt. The Brazilian miner, the world’s biggest producer of iron ore, pellets and nickel, said it will be able to make these changes without having t...

Wednesday, December 2, 2015
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