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China's spot price of iron ore drops

The spot price of iron ore fines 62% to China is being offering at US$59.63/ton, dropping by US$3.02/ton or 4.82% from the previous price. The average price of iron ore was US$55.22/ton in the month. Meanwhile, the China Iron Ore Price Index (CIOPI) de...

Thursday, March 10, 2016

Samarco to Restart Production by Q4 2016

Reuters reported that the Brazil-based Samarco iron ore mine, whose tailings dam burst last year, killing 19 people, will restart production by the start of Q4 2016. Samarco is a joint venture between Vale SA (NYSE:VALE) and BHP Billiton (ASX:BHP,LSE:BLT,NYSE:...

Thursday, March 17, 2016

Hebei Shoulders Capacity Cutbacks

[Ferro-Alloys.com]Beijing's smog-hit neighbor Hebei needs more subsidies to help it reduce overcapacity in its major polluting industries, according to provincial officials.Zhang Qingwei, the governor,

Wednesday, March 16, 2016

'Steel Roses' Bound for Brazil

[Ferro-Alloys.com]China's 1-0 win over the South Korea in the Asian Zone women's soccer qualifications on Monday sealed Japan's fate even before the late match kicked off.

Thursday, March 10, 2016

Coal Firms Shift in Direction to Battle Slump

[Ferro-Alloys.com]From beef sales to online gaming, troubled companies search for alternative opportunities for investment

Thursday, March 10, 2016

China's Steel Industry Strives to Tackle Overcapacity

[Ferro-Alloys.com]When Zhou Jiangtao joined Ansteel Heavy Machinery Co Ltd, he expected the life of stability and good salary traditionally guaranteed by State-owned companies.

Thursday, March 10, 2016

Nanjing Steel Group Released Its Mar. Procurement Price of FeMo

[www.ferro-alloys.com] Nanjing Steel Group, which is a large steel mill in China, released its March procurement price of ferromolybdenum. The price is RMB58700/mt by acceptance, and the volume is 120 tons.

Thursday, March 10, 2016

Mincor Unveils Growth Strategy As It Waits for Nickel Price Recovery

Nickel firm Mincor Resources on Thursday revealed a two-pronged growth strategy which would take advantage of the current high gold price and a future recovery in the nickel price. The miner, which suspended operations at its Mariners and Miitel mines, in West...

Thursday, March 10, 2016
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