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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

China Progressing in Steel Overcapacity Cut

China has taken concrete steps to reduce steel overcapacity, China's Ministry of Commerce (MOC) said on Saturday, in response to encouragement from the European Union (EU).

Sunday, February 14, 2016

China Stops Approving New Coal Mines

Coal is loaded into trucks at a railway station in Jiujiang, Jiangxi province.[Provided to China Daily] BEIJING - China won't approve any new coal mines before the end of 2019, the State Council said on Friday, as authorities work to slash overcapacity in the...

Sunday, February 14, 2016

Global Steel Production Falls, A Biggest Drop in 6 Years

[Ferro-Alloys.com]World Steel Association(WSA) has announced on January 25 that global steel production totaled 1.62 billion tons in 2015, down by 2.8% year on year.

Sunday, February 14, 2016

LME Nickel Prices Drop on Feb 10th

Ferro-Alloys.com]London Metal Exchange (LME) nickel prices settled at US$8,040/ton on February 10th, dropping by US$60/ton from the previous day.

Sunday, February 14, 2016
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