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Zimbabwe: Zimasco Still Pursues Judicial Management

Zimbabwe's largest ferrochrome producer Zimasco is still pursuing judicial management amid reports that some of the creditors had started attaching the company assets in a bid to recover debts.

Sunday, February 14, 2016

Samancor Warns of Job Cuts

The low chrome ore price has forced Samancor Chrome to consider job cuts, which could affect as many as 280 employees, Solidarity said on Friday. “Despite the implementation of several measures at all our business units, the decrease of the ferrochrome market...

Sunday, February 14, 2016

IMFA Q3 Posts Profit

Indian Metals and Ferro alloys Limited (IMFA) has announced Q3 FY16 results, stating a 13 per cent increase in revenue and seven per cent rise in production for the period ending December 31, 2015.

Sunday, February 14, 2016

Taiwan's Yieh Hsing to hike wire rod prices

Yieh Hsing Enterprise, one of the major wire rod producers in Taiwan released its price policy for February. The company decided to raise list prices for killed steel wire rods by NT$600/ton and hold prices for Al-killed steel wire rods unchanged. Meanwh...

Sunday, February 14, 2016

Vietnam steel prices slightly down in Jan

Vietnam Ministry of Price administration said in January this year, Vietnam steel production and sales were both down. Among them, Vietnam steel production was about 575,000 tons, down by 5,000 tons month on month; those for sales amounted to 540,000 tons,...

Sunday, February 14, 2016

OM Materials Boosts Ouput as more Plants Come Onstream

[Ferro-Alloys.com]OM Materials (Sarawak) Sdn Bhd-owned ferrosilicon alloy smelting plant in Samalaju Industrial Park, Bintulu has continued to ramp up its production as more new smelting facilities are commissioned.

Sunday, February 14, 2016

Fimi Calls for Removal of Export Duty on Chrome Ore

The Federation of Indian Mineral Industries (Fimi) has called for the removal of 30 per cent export duty on chrome ore. Also, in view of the surging imports of both chrome and manganese ore, it demanded imposition of safeguards duty of 50 per cent on these two...

Sunday, February 14, 2016

Nippon Denko to Post Non-operating Expense and Extraordinary Loss

On February 2, Nippon Denko Co., Ltd. announced that it will post a non-operating expense and an extraordinary loss and make a downward adjustment on its anticipated business results before releasing its consolidated business results in the fiscal year 2015.

Sunday, February 14, 2016
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