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Boosting PSUs: E-auction Boosts Coal India Sales by Rs 2500 cr in FY 16

[Ferro-Alloys.com]The record coal production last fiscal allowed public-sector behemoth Coal India to augment sales via the lucrative electronic auction route to firms with captive power plants and power generators. The rise in e-auction sales boosted the com...

Monday, May 9, 2016

Coal Woes Push Peabody Energy to Brink

What we do know is that Chapter 11 is about restructuring, not necessarily winding up. And in a restructuring process, creditors are often asked to take a hair-cut so the beleaguered group can trade out of its troubles. Mine rehab obligations will be part of t...

Monday, May 9, 2016

Glencore’s Nickel Production up in Q1

[Ferro-Alloys.com]Glencore's latest production reports showed, 1th quarter of this year, Glencore’s nickel production was 27600 tons, a slight increase of 0.36% month on month, an increase of 15.97% year on year.

Monday, May 9, 2016

Indonesia Qingshan’s Ferronickel Production Hits A Record High in April

[Ferro-Alloys.com]According to Indonesia Qingshan Industrial Park the latest news, the park’s first SMI project and second GCNS admission project of April ferronickel production reached a new high.

Monday, May 9, 2016

Largo Sets Record by Producing 730 Tonnes of Vanadium

Largo Resources (CVE:LGO) reports it has produced 730 tonnes of vanadium pentoxide during the month of April, surpassing its previous record by seven percent of approximately 681 tones set in October, 2015.

Monday, May 9, 2016

EMM Price Keeps Stable for a Long Time

Last week, the main price of EMM was about RMB9,700-9,900/mt, and the market shows weak, while at the begging of this week, it still keeps stable now. after State’s policy for Guizhou electricity price, there are about 10 enterprises produce EMM now, and one ...

Monday, May 9, 2016

The Quotation of Chinese SiMn Products Remained Stable (May 2nd—May 6th)

[www.ferro-alloys.com] The price of Chinese silicon manganese products remained steady during the past week. The quotation of silicon manganese 6517 was RMB5150-5350/mt in Ningxia, the quotation was RMB5200-5350/mt in Inner Mongolia, the quotation was RMB5200-...

Monday, May 9, 2016

FeCr Prices Kept Surging (May 3-May 6)

[Ferro-Alloys.com]China’s high-carbon ferrochrome prices kept surging following the prices of stainless steel and chrome ores, and some producers quoted more than RMB6,000/T Cr 50% basis. In the mean time, low- and micro-carbon ferrochrome prices hiked as wel...

Monday, May 9, 2016
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