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JISCO Lowered its Tender Price of HC FeCr

[Ferro-Alloys.com]JISCO lowered its tender price of high-carbon ferrochrome in January 2016, and the new tender price is RMB4,780/T Cr 50% basis, delivered VAT price by cash,

Wednesday, January 20, 2016

High-grade Nickel Ore Price Slumped (Jan 11st-Jan 15th)

Last week low-grade nickel ore 0.9-1.1% was quoted at about 140yuan/t; mid-grade nickel ore 1.5% was quoted at about 200 yuan/t; high-grade nickel ore 1.8% was quoted at 330 yuan/t in domestic market. In international market, low-grade nickel ore 0.9-1.1% was ...

Monday, January 18, 2016

Queensland Nickel Cuts 237 Jobs at Townsville

Embattled nickel miner Queensland Nickel on Friday announced that 237 workers would be made redundant at its Townsville operations.

Monday, January 18, 2016

Troubled Smelter Firm Seeks Court Order for Supply of Ore

International Ferro Metals might have overplayed its hand when it approved a business rescue plan to sell its smelting business to its neighbour, Samancor, although it knew that Rustenburg Platinum Mines , owned by Anglo American Platinum , could suddenly stop...

Monday, January 18, 2016

Zimasco Applies for Judicial Management

Zimbabwe’s largest ferrochrome producer, Zimasco, has approached the High Court seeking to be placed under judicial management. The company identified Grant Thornton managing partner Reggie Saruchera as the judicial manager.

Monday, January 18, 2016

China’s Ferronickel Market Inquiries Improved (Jan 11st-Jan 15th)

Last week low-grade ferronickel 1.6-1.8% quoted at 1630-1650yuan; mid-grade ferronickel 4-6% quoted at 700-710yuan and 6-8% quoted at 680-690yuan; high-grade ferronickel 10-12 quoted at 690-700yuan.

Monday, January 18, 2016

Nickel Price Rebounded Slightly Last Week (Jan 11-Jan 15)

Last week, international nickel price rebounded slightly partly because of market adjustment. Nickel price in LME closed at $8545 per ton on Friday, up $350 compared to Monday. And nickel stock in LME reduced 3072 tons to 433968 tons on Thursday. In the other ...

Monday, January 18, 2016

South Africa's Mining Output down 0.8% Y/Y in Nov: Statistics SA

South Africa's mining production contracted 0.8% in November 2015 compared with a year ago, after contracting sharply by 4.7% in October, Statistics SA data showed.

Monday, January 18, 2016
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