Global insight
Vale withdraws Moatize coking coal guidance
The company did not provide a new figure. The guidance was previously revised downwards from an initial 10mn t. |
Eskom agrees temporary coal price with South32 which targets sale of SAEC by December
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[Ferro-Alloys.com] SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but the onset of the COVID-19 pandemic had delayed a review of the South African manganese smelt... |
South 32: Quarterly Report March 2020
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[Ferro-Alloys.com] Responded to market conditions to maintain the financial strength of our business by suspending the remaining US$121M of our current on-market share buy-back program and lowering FY20 sustaining capital expenditure guidance, including equity... |
US Steel idling Keewatin Taconite Plant
Keetac can produce about 6 million net st of iron ore pellets each year. |
Indian Steel Demand Likely to slip by 14-25% in 2020-21 - Crisil
On a quarterly basis, steel demand would be a washout in the first quarter of this fiscal, given the pan-India lockdown that would hurt construction. |
Pakistan’s International Steel Reports 72% Dip in 9 Month Profit
Pakistan’s International Steels profit plunged 72% to PKR 655.6 million in the nine month period ended March 31, 2020. |
Coronavirus pandemic accelerating need for coal production cutbacks amid declining demand
Coronavirus pandemic accelerating need for coal production cutbacks amid declining demand |
Rio Tinto cuts 2020 copper production guidance to 475,000-520,000 mt
Rio Tinto cuts 2020 copper production guidance to 475,000-520,000 mt |
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