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Lack of raw materials pushes VISA Steel into SDR corner
VISA Steel announced last September that the Joint Lenders Forum had decided to invoke strategic debt restructuring (SDR) norms in accordance with the Reserve Bank of India circular dated June 8, 2015 after an earlier restructuring exercise failed to deliver t... |
China's Stainless Steel Output Declined in 2015
[Ferro-Alloys.com]China's stainless steel output totaled 21,562.2k tonnes in 2015, which declined by 129.5k tonnes from the previous year, down by 0.60%. Cr-Ni steel output totals 11,265.4k tonnes, up by 400.3k tonnes or 3.68%, accounting for 52.25% of the tot... |
China’s Large Ferrochrome Producers Expected to Start Operation in June
[Ferro-Allys.com]Despite the dramatic decline in the ferrochrome prices in recent years, China’s investment in chrome industry never stops. A new ferrochrome project in Southern China is currently in construction, which is expected to complete and be put into... |
Namibia: Otjozondu Goes Into Voluntary Administration
[Ferro-Alloys.com]MANGANESE producer Shaw River Limited, owner of the Otjozondu manganese project has entered voluntary administration, as a consequence of low manganese ore prices. |
Anglo’s All-in 2015 Production up Despite Stuttering South African Inputs
[Ferro-Alloys.com]The 2015 full-year production of Anglo American increased by 5% on a copper equivalent basis, despite lower iron-ore and thermal coal contributions from South Africa and a flat performance by platinum. The London- and Johannesburg-listed dive... |
Russia Severstal’s Crude Steel Production Output up in 2015
[Ferro-Alloys.com]Russia steelmaker Severstal has announced its financial results for the year 2015, the company’s crude steel production 2.75 million tons in the 4th quarter of 2015, down by 5% month on month |
US Crude Steel Weekly Output Rises further
[Ferro-Alloys.com]For the week ended January 23, US’s domestic crude steel production was 1.67 million short tons, the capacity utilization was 69.8%. Meanwhile, US’s crude steel production output fell 7.6% year on year, and an increase of 1.1% month on mont... |
Chinese Ferroalloy Output in 2015 Showed A Slightly Falling Y-O-Y
[Ferro-Alloys.com]It is reported that China totally produced 36.66 million tons of ferroalloy in the whole year according to data f |
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