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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. |
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. |
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, |
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... |
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... |
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... |
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. |
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 (... |
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