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%.

Wednesday, March 18, 2020

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.

Wednesday, March 18, 2020

Renewables get a boost in Africa pledges

The organization said this region has sufficient resources to meet its future electricity demands.

Wednesday, March 18, 2020

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.

Tuesday, March 17, 2020

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...

Tuesday, March 17, 2020

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.

Tuesday, March 17, 2020

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.

Tuesday, March 17, 2020

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.

Tuesday, March 17, 2020
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