China is suspending the approval of any new coal mines for three years to eliminate stockpiles and increase new-energy consumption, according to a report in Economic Information Daily on Wednesday.
[Ferro-Alloys.com] In recent period, as reducing spot for lower operation rates, the number of ferrosilicon suppliers lifting up prices become increase amid new round steel mills proceeding,
ZIMASCO, a unit of China’s Sinosteel Corporation has completely stopped operations at its ferrochrome refinery in Kwekwe after switching off furnace number five and six.
Rohit Ferro-Tech (RFTL) on Monday announced the company has extended the validity of Business Transfer Agreement (BTA) with Balasore Alloys for sale of its Jajpur manufacturing unit, upto Mar. 31, 2016.
It has been a tough year for iron ore producers, but BHP Billiton (NYSE:BHP) has been holding up well. However, as we move deeper into the downturn, the world's biggest miner will also be forced to take drastic steps.
The trade statistics released by the Taiwan’s Directorate General of Customs for the month of October 2015 indicates sharp fall in iron ore imports by the country. Taiwan’s iron ore