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Dalian Iron Ore Drops from 17-month Peak as Steel Retreats after Rally

Dalian iron ore futures pulled back from 17-month highs to finish lower on Thursday as steel prices retreated after rapid gains earlier this week.

Friday, April 15, 2016

EMM Price Keeps Stable Today

]On April, 15, the main price of EMM keeps stable, about RMB9,900-10,100/mt.

Friday, April 15, 2016

China’s Scrap Metal Supplies Hurts Iron Ore

[Ferro-Alloys.com]As China's booming middle class junks aging cars and home appliances, the next threat to the world's ailing iron-ore producers is materializing.

Friday, April 15, 2016

OM Sarawak Secures Capital Increase for RM450 Million

[Ferro-Alloys.com]On April 8, OM Holdings Limited (OMH) announced that OM Sarawak Ferroalloy Project issued 450 million convertible preference shares (CPS) and secured the capital increase for RM450 million (about A$1.514 million) .

Friday, April 15, 2016

Georgian Manganese Loses Lawsuit over GEL 200 Million Tax Penalty

[Ferro-Alloys.com]A spokesperson for the company told journalists that they are still waiting for a document from Kutaisi city court explaining the ruling. After reading the explanation, they will decide whether to appeal.

Friday, April 15, 2016

Cancana JV Reports First Quarter 2016 Operations Update

[Ferro-Alloys.com]Cancana Resources Corp. (TSX VENTURE:CNY) (the “Company” or “Cancana”) and its joint venture partner Ferrometals BV (“Ferrometals”), together are reporting quarter one, 2016 production and sales results of Brazil Manganese Corporation (...

Friday, April 15, 2016

Many Factors to Disturb Chinese FeSi Exports Market

[Ferro-Alloys.com]In recent period, Chinese ferrosilicon failed to keep on track to upward trend, and combined offer has yet to bring about ample cushion amid grim demand.

Friday, April 15, 2016

Guangxi Area Produces EMM about 670mt per Day under the High Commercial Power Price

Today, in Guangxi area, seven plants still produce EMM, and the daily output is about 670mt, among them, CITIC Dameng is the largest one, which produces 450mt per day, accounting for 67% nearly. While in Guangxi, the commercial power price is about RMB0.60/KWH...

Friday, April 15, 2016
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