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Bloomberg: Predict Nickel Price at $8857/t in Q1 2016

Up to February 15, Bloomberg survey shows that analyst forecast nickel price at $8857/t. Fifty percent of analysts predict nickel price between $8500-9000/t; 18.75 percent of analysts forecast nickel price between $9000-9500/t; 6.25 percent predict nickel pric...

Thursday, February 18, 2016

Japan Nisshin Steel announces to set up a joint venture in Taiwan

Japan’s fourth largest steel mill, Nisshin Steel has announced that the company planned to set up a joint venture with Taiwan stainless mill, Jie Jin Material Science Technology and Marubeni-Itochu Steel. Taiwan Nisshin Precision Steel Co., Ltd. will be ab...

Thursday, February 18, 2016

WBMS: 2015 Global Market Need More Nickel Supply

Nickel ore output in 2015 was about 1772900t, 130000t less than 2014. Since Indonesia carried out its ore ban, the nation’s nickel ore output slip. In December 2015, global refined nickel output was about 163300t and refined nickel consumption was about 16730...

Thursday, February 18, 2016

South Africa’s iron and steel output down in 2015 y-o-y

South Africa Statistics Office released preliminary data, in December 2015, South Africa manufacturing output increased by 0.4% compared with the same period last year. In 2015, South Africa manufacturing output remained stable compared with the same perio...

Wednesday, February 17, 2016

Colombia to extend existing provisional anti-dumping duty on Chinese imports of wire rod

Colombia Ministry of Commerce, Industry and Tourism (MINCIT) has extended the existing provisional anti-dumping duty on Chinese imports of wire rod. According to MINCIT indicated that the period to extend for more than two months, reflecting imports declare...

Wednesday, February 17, 2016

Indonesia to Review Rules Banning Metal Concentrate Exports From 2017

Indonesia will review rules banning exports of partially processed metal ores, including copper and zinc, as the smelters they were intended to develop have not materialised amid low commodity prices, the country's mining minister said Tuesday.

Wednesday, February 17, 2016

Zimbabwe Bank Offers Direct Finance for RHA Tungsten Mine

s part of the continuing preparations in respect of underground ore processing, RHA has

Wednesday, February 17, 2016

Chinese steel exports fall 5.3% in January 2016

According to China Administration of Customs statistics showed in January of this year, Chinese steel exports totaled 9.74 million tons, down by 5% month on month to 920,000 tons. In January, China imported 930,000 tons of steel, down by 19.1% year on year;...

Wednesday, February 17, 2016
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