Global insight

Molycorp Q3 Results: 6% Revenue Increase

Molycorp Inc has reported consolidated net revenues in the third quarter of 2014 of US$123.9 million, a 6% increase over the preceding quarter.

Tuesday, November 11, 2014

US Ferroalloys Import Volumes Sharply Down in September of 2014

According to the statistics of US International Trade Commission, American ferroalloy export volume was 10,167 mt in September 2014, slightly up by 1.5% M-O-M and up by 14.4% Y-O-Y. The total export volume in Jan-Sep of 2014 was 97,700mt, up by 10.2% Y-O-Y.

Monday, November 10, 2014

Globe Specialty Metals Reports Strong First Quarter Fiscal 2015 Results

MIAMI, Nov. 5, 2014 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announced results for the first quarter of fiscal 2015, ended September 30, 2014.

Monday, November 10, 2014

Lower Prices, Not China Demand, the Cause of Iron Ore Oversupply

One of the recurring themes in iron ore’s precipitous decline this year has been the weak state of Chinese demand. The problem with this is that it simply isn’t true.

Monday, November 10, 2014

Rio Tinto Unfazed by Falling Iron Ore Prices, Says CEO

Global miner Rio Tinto, which gets 92 percent of its revenue from iron ore, is unfazed by the drop in ore prices and sticking to plans to raise output, chief executive Sam Walsh said.

Monday, November 10, 2014

Yen Depreciation Had Impact to Respective Items and Maked Customers Take Wait-and-See Attitude

The market continued to pick up till mid-October after China National Day. However, it turned to a slightly declining trend at the moment. Albeit the production cost in the southern region as a main producing area was up from September, the accumulated stock t...

Monday, November 10, 2014

25th Anniversary of ISSDA Opened on Nov. 7th in New Delhi, India

In order to celebrate 25th birthday, ISSDA (The Indian Stainless Steel Development Association) held its 25th year celebration event on 6th & 7th November 2014 in New Delhi. On Nov. 7th, 2014, the conference opened in the Hotel “The Grand”, New Delhi, India.

Friday, November 7, 2014

Mexico’s Autlan to Invest $150 Million in Power Plants

Minera Autlan, North America’s largest producer of alloys used to make steel, plans to spend $150 million to build power plants as Mexico’s energy industry opens to competition.

Thursday, November 6, 2014
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