Global insight
South African mining production up 7.5% in January
[Ferro-Alloys.com] South African mining production increased by 7.5% year-on-year in January, Statistics South Africa’s data shows. This was the biggest year-on-year rise in mining output since November 2017 when production increased by 7.8%. |
AISI Publishes Two New Cold-Formed Steel Framing Test Standards
In the week ending on March 14, 2020, US domestic raw steel production was 1,878,000 net tons while the capability utilization rate was 80.5 percent. |
Renewables get a boost in Africa pledges
The organization said this region has sufficient resources to meet its future electricity demands. |
Wacker Chemie AG: WACKER Makes Guidance For 2020 Conditional Due to Coronavirus
[Ferro-Alloys.com] Wacker Chemie AG: WACKER Makes Guidance For 2020 Conditional Due to Coronavirus The issuer is solely responsible for the content of this announcement. |
European steelmakers don't expect new energy contracts yet, despite oil slump
European steelmakers don't expect any immediate renegotiations of their energy supply contracts, even though oil prices have tumbled 45% since the start of the year and energy prices are at multi-year lows in markets overshadowed by coronavirus, industry assoc... |
US Federal Reserve Cuts Rates to Zero as Coronavirus Spreads
US Federal Reserve announced that it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing entailing USD 700 billion worth of asset purchases of Treasurys and mortgage-backed securities. |
Circular Economy Action Plan a step in the Right Direction - EUROFER
The European Steel Association has greeted the release of the Circular Economy Action plan. |
Tata Steel Suspends All Business Travel of Employees over Coronavirus
In view of COVID-19 being reported in several cities, Tata Steel has been decided to suspend all domestic travel on company business with immediate effect as a measure of abundant precaution. |
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