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Coal Firms Shift in Direction to Battle Slump

[Ferro-Alloys.com]From beef sales to online gaming, troubled companies search for alternative opportunities for investment

Thursday, March 10, 2016

China's Steel Industry Strives to Tackle Overcapacity

[Ferro-Alloys.com]When Zhou Jiangtao joined Ansteel Heavy Machinery Co Ltd, he expected the life of stability and good salary traditionally guaranteed by State-owned companies.

Thursday, March 10, 2016

Nanjing Steel Group Released Its Mar. Procurement Price of FeMo

[www.ferro-alloys.com] Nanjing Steel Group, which is a large steel mill in China, released its March procurement price of ferromolybdenum. The price is RMB58700/mt by acceptance, and the volume is 120 tons.

Thursday, March 10, 2016

Mincor Unveils Growth Strategy As It Waits for Nickel Price Recovery

Nickel firm Mincor Resources on Thursday revealed a two-pronged growth strategy which would take advantage of the current high gold price and a future recovery in the nickel price. The miner, which suspended operations at its Mariners and Miitel mines, in West...

Thursday, March 10, 2016

China's HC FeCr Prices Failed to Bottom Out

[Ferro-Alloys.com]China's major stainless steel mills lowered their tender prices for high-carbon ferrochrome in March 2016. The new prices continued to fall in a more moderate pace. Despite the decline of China's high-carbon ferrochrome output due to the clos...

Thursday, March 10, 2016

Merafe Cash Skyrockets on Ferrochrome Venture’s Superb Showing

Ferrochrome company Merafe, which generates revenue and operating income primarily from its chrome venture with mining and marketing major Glencore, shot the proverbial lights out in 2015, when its cash generation went through the roof and every box was ticked...

Thursday, March 10, 2016

New Caledonia May Allow Nickel Exports to China as Price Tumbles

New Caledonia is weighing lifting restrictions on the sale of nickel ore to China as world prices for the metal tumble and the future of a key Australian customer is in doubt. New Caledonia has long resisted selling ore directly to large consuming countries su...

Thursday, March 10, 2016

China's Low-Carbon FeCr Supply Tightened

[Ferro-Alloys.com]China's low- and micro-carbon ferrochrome supply tightened, and factories have sufficient orders, which makes it impossible for the producers to delivery new orders until mid-April.

Wednesday, March 9, 2016
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