Global insight
European Stainless Crude Steel Output Falls by 7% in Jan-Mar
According to a report released by Germany-based service center Damstahl, Europe’s stainless crude steel output totaled 1.9 million tons in January-March period, down by 7% year on year. |
Ukraine Manganese Output up in May 2015
n May Ukraine produced 143.6 thousand tons of manganese concentrate and sinter, up by 8.3%, or by 11 thousand tons, MoM. |
ZimAlloys Secures Investors to Inject over $50 mln after Chrome Export Ban Lift
[Ferro-Alloys.com]Struglling ferrochrome producer Zimbabwe Alloys is close to sealing a deal with a consortium of local and a foreign investors who could inject over $50 million in the company, The Source has established. |
AMCO Revenues Spike to $43 Million on Barley Sales in China
[Ferro-Alloys.com]Armco Metals Holdings, Inc. (NASDAQ:AMCO), which is engaged in the sale and distribution of metal ore and non-ferrous metals throughout China, sees their revenues spike on inclusion of barley sales in China, upgraded to $2.50+ per share. |
S. Korea’s Ferroalloys Import Slightly Down in Jan-May 2015
According to the statistics of Korea Customs, Korea’s ferroalloy import volume was 76,046 mt in May 2015, down by 19.3% M-O-M and down by 11.9% Y-O-Y. The total import volume in Jan-May 2015 was 433,168 mt, slightly down by 5% Y-O-Y. |
Ukraine’s Ferroalloy Production Reduces in Jan-May
According to the Association of Ukrainian Ferroalloy Producers (UkrFA), the country’s ferroalloy production totaled 398,500 tons in January-May period, decreasing by 8.2% year on year. |
Chinese joint venture builds nickel smelter in Morowali
Central Sulawesi Governor Longki Djanggola has officially launched the construction of a Rp 5.5 trillion (US$412 million) nickel smelting plant in Gandaganda subdistrict, Petasia district, North Morowali regency, Central Sulawesi. |
Nickel Asia Corp.: The Philippines Will Fail to Satisfy China’s Nickel Ore Demand
[Ferro-Alloys.com]According to Manny Samson, chief financial officer of Nickel Asia Corp., the Philippines is not capable of completely meeting the demands for nickel coming from China. The Philippines, despite being the world's largest nickel ore producer, is... |
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