This week, affected by China Stock Market’s turbulence and surrounding economic climate, LME nickel market showed a long-anticipated rebound. In Sep 8th, LME nickel price advanced by 2.99% to U$9995 and in Sep 10th raised by 3.85% to U$10385. Meanwhile, nicke...
The Obama administration is actively considering the re-imposition of tariffs on a range of South African exports worth billions of rand including cars, ferromanganese, citrus and wine, unless SA moves rapidly to open its market to US chicken, beef and pork.
[Ferro-Alloys.com] Magnesium Metal was difficult to deal with the state in September, the demand is not much, the other hand is the market oversupply, so the price fell, the current Shaanxi area magnesium metal price was RMB12400 / MT, the majority of manufact...
Current pressures on the mining sector are driving increased interest in the cost savings and power security advantages that renewables could provide mining operations. To this end, a record number of mining leaders will meet with renewable energy and finance ...
Global commodities mining and marketing company Glencore on Monday announced a fully committed proposed equity capital raising of up to $2.5-billion alongside additional $10.2-billion capital preservation and debt reduction measures, portfolio optimisation a...
[Ferro-Alloys.com] In mid September, Australia Mn 46% lumps spot market price kept at RMB24.5-25.5/mtu, Australia sand ore was quoted at RMB23-24/mtu. South Africa Mn38 was quoted at 21.5-22.5/mtu, South Africa Mn32%Fe20% spot market price was RMB22.5-23/mtu,...
[Ferro-Alloys.com] In mid September, manganese alloy market activity still failed to keep in good shape, and spot transaction is relatively poor. The mainstream quotation of silicon manganese 6517 in the north is RMB4700-4800/mt(ex-work price), and market quot...
PT Antam Tbk, Indonesia announced at the end of last week that the expansion project for Pomalaa plant was completed at the end of July, and No.5 oxygen plant as part of this project started operation.