[Ferro-Alloys.com]Cahya Mata Sarawak Bhd’s (CMS) recent subscription to RM110 million convertible preference shares (CPS) in OM Materials (Sarawak) Sdn Bhd (OMS) has suggested that the latter’s business environment may be more challenging than RHB Research I...

The Quotation of Some Imported Manganese Ore in Chinese Market (on Apr 14th)

[Ferro-Alloys.com]MINING production plummeted in February compared with a year ago, and economists have warned that a strike would bring the struggling sector to its knees.

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.

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

[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.

[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) .

[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.