Global insight

TATA Steel Ferroalloy Expansion Proposal Given Green Signal

The public hearing for expansion of TATA Steel operations held at Joda yesterday said to have favored the proposal. A t lease 86 persons spoke at the meeting attended by over 5000 people informed officials of the district administration.

Monday, November 17, 2014

SA Mining Production up,especially for Iron and Mn Ore

The main contributors to the 5.3 percent increase were iron ore (contributing 5.7 percent), coal(contributing 1.8 percent) and manganese ore (contributing 1.2percent).

Monday, November 17, 2014

Australia to Impose Anti-Dumping duty on Quenched and Tempered Steel

Australia has announced to impose anti-dumping duty for quenched and tempered steel imported from Finland, Japan and Sweden.

Monday, November 17, 2014

Leader Steel to Trade Less in Iron Ore and Focus on Manganese and Others

Leader Steel Holdings Bhd will focus less on iron ore trading, as the global pricing of the steel-making commodity has decreased since the middle of 2013.

Thursday, November 13, 2014

Tata Steel Consolidated Net Profit up 37% on Land Sale in Q2

Tata Steel reported a consolidated net profit of Rs 1,254.33 crore for the quarter ended September 30, up 37% from Rs 916.77 crore profit in the same quarter last year, helped by a one-time gain from land sale. Sales fell 2% to Rs 35,503.25 crore during the qu...

Thursday, November 13, 2014

Credit risk binds BHP to Nickel West

After shelving its sale of Nickel West, BHP Billiton will be forced to keep the troubled unit out of its $US15 billion spinoff of unwanted assets amid analyst predictions it would damage the new company's credit rating.

Thursday, November 13, 2014

BHP pulls Nickel West sale

BHP Billiton has given up trying to sell its struggling Nickel West business, declaring that an acceptable bid could not be found.

Thursday, November 13, 2014

Bauba Awarded Chrome Mining Permit, Acqusition Conditions Fulfilled

JSE-listed Bauba Platinum subsidiary Bauba A Hlabirwa Mining Investments has been awarded a mining permit for the mining of chrome ore and, accordingly, the last condition precedent for its acquisition of a 60% stake in the prospecting rights on the farms of M...

Wednesday, November 12, 2014
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