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Vale Iron Ore Output Falls in Second Quarter But Still Beats Estimates

Brazil’s Vale (NYSE:VALE), the world’s No.1 iron-ore producer, saw a slight decline in second-quarter output, but still managed to beat beat analysts’ estimates, keeping a new annual production record in sight.

Friday, July 22, 2016

China's FeCr Market Overview on July 22

[Ferro-Alloys.com]China's high-carbon ferrochrome prices remain stable, and most producers are busy producing for orders without stock, while some producers are ready to increase output for new orders.

Friday, July 22, 2016

China's Chrome Ore Market Overview on July 22

[Ferro-Alloys.com]Chrome ore market remains strong when the chrome ore stockpile in China's major ports hit record low in recent years. South Africa concentrate 40-42% at RMB27-29/mtu,

Friday, July 22, 2016

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Mick Davis’ X2 Resources, the mining fund once touted as the driver of much-needed investment into the mining industry during the worst of the commodities price rout, is set to go under major changes after failing to close a single deal since launched in 2013...

Thursday, July 21, 2016

Liaoning Steps in With Rescue Plan for Dongbei Special Steel

[www.ferro-alloys.com]The government of Northeast China's Liaoning Province has submitted a plan to the central government under which a troubled local steel mill would swap 70 percent of its debt into equity, with the banks that extended the loans being conve...

Wednesday, July 20, 2016

Solar Imports Dramatically Increase in India

[www.ferro-alloys.com]Indian imports of solar PV cells and modules from outside manufacturers multiplied by more than three times from 2014-2015 to 2015-2016, as the solar industry in the country experiences a radical growth, there are even plans for the count...

Wednesday, July 20, 2016

Merafe Resources’ Share Price Drops on Earnings Warning

MERAFE Resources’ share price fell 8.42% to 87c on Tuesday morning after the ferrochrome producer warned shareholders its interim earnings were expected to halve.

Wednesday, July 20, 2016

Chromium: Primary Producers Might Need to Prepare for a Scrap

World chromite consumption totalled 29Mt in 2015 with 92% consumed in metallurgical applications. Non-metallurgical applications for chromite can be separated into chemical applications (6% of consumption in 2015), foundry applications (2%) and refractories (...

Wednesday, July 20, 2016
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