Global insight
Euro Manganese : Provides COVID-19 Update
[Ferro-Alloys.com] VANCOUVER, British Columbia, April 02, 2020 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (“EMN” or the "Company") provides an update on its operations and mitigation measures at its Chvaletice Manganese Project in the Czech Republic, and on th... |
Glencore : chrome joint venture in South Africa with Merafe declares force majeure
[Ferro-Alloys.com] Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said. |
DAILY SCRAP REPORT: Covid-19 outbreak keeps market quiet
Turkish steel producers remained quiet in the deep-sea scrap import markets while suppliers were unwilling to sell at current price levels, sources said on Wednesday April 1. |
JFE Steel faces zero profit for first time in history
Major Japanese steelmaker JFE Steel is facing the prospect of recording zero profit for the year ending March 2020 for the first time in its history due to global economic tensions and rising raw materials prices, it warned on Friday March 27. |
JSW Steel suspends, scales down production units amid Indian lockdown
India’s JSW Steel expects a significant reduction in its capacity utilization rates during the country’s 21-day lockdown following its move to suspend or scale down operations across various locations, it said on Thursday March 26. |
Vale looks to again increase production at Brucutu
Brazilian miner Vale is seeking alternatives to waste disposal at its Brucutu iron ore mine to produce at 80% capacity this year. |
Global Covid-19 effects could cut iron ore supply by 18 mln tonnes in 2020, Vale says
Nationwide lockdowns and restrictions on activity to contain the Covid-19 pandemic could reduce the supply of iron ore in the seaborne market by around 18 million tonnes this year, according to mining company Vale. |
Anglo American expects 2-3mln-tonne hit to Kumba iron ore ops this year
Anglo American is expecting a production impact of 2-3 million tonnes at its Kumba iron ore operations in 2020, following a decision to operate with around half of its workforce during a 21-day lockdown in South Africa that started this week. |
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