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Chinese iron ore spot market prices surge by 19.5%
Chinese iron ore prices for prompt delivery increased US$10.2/ton to reach US$62.6/ton, the highest level since June 15, 2015. Future contracts in China was increased by 5%. |
ArcelorMittal will permanently close Luxembourg Schifflange long products factory
The facilities will be used for offices and conducted a feasibility study purposes. |
Four Plants Produce EMM in Songtao in Early March
According to the survey, there are eight enterprises still produce EMM in Guizhou in early March, the daily output is about 410mt. While in the main producing area of Songtao, four plants operate normally, they’re Guizhou Wuling Manganese Co., Ltd., Guizhou S... |
Why Alcoa Inc.'S Shares Rose Over 22.5% In February
So what: The real story at Alcoa is its pending breakup into an aluminum maker and a specialty parts company. And there was some good news on this front last month: The company reached an agreement with activist investor Elliott Management that should help pav... |
China Failed to Import Mn Ore at Lianyungang Port in Jan
[Ferro-Alloys.com]It is reported that China failed to import manganese ore at Lianyungang Port in January according to statistic provided by Inspection and Quarantine Bureau of Lianyungang. It is said that this is the first time that manganese ore imports show... |
Labour Ministry to Abolish Four Levies
After finance minister Arun Jaitley's announcement during Budget speech that the government will abolish 13 cesses across ministries where collection is less than Rs 50 crore, the labour ministry has identified four of the six cesses levied to promote workers'... |
Duty Waiver Fails to Cheer Iron Ore Exporters
The cut in export duty on low grade iron ore lumps and fines (Fe content less than 58%) has not perked up exporters. Federation of Indian Mineral Industries (Fimi), a premier body of the mining industry, feels the duty cut announced in the Budget would at best... |
Palmer Resumes Management Control of Embattled Queensland Refinery
Palmer Resumes Management Control of Embattled Queensland Refinery |
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