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The Suez crisis has caused a 150% increase in steel transportation costs
According to the ltalian Steel Trade Association Assofermet, the rise in steel transportation costs has been 150% more significant than in the pre-crisis period, months after the Suez crisis began. |
Weekly Report of Ferrosilicon Market (Mar 11-15, 2024)
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Downstream demand and transactions were poor, and the ferrosilicon market operated under pressure. |
Bushveld receives USD3.0 million loan from Southern Point
Bushveld receives USD3.0 million loan from Southern Point |
Anglo American adds iron ore capacity at Minas Rio
Serra da Serpentina has an estimated resource of 4.3bn t. Minas Rio's pellet feed ore production was 24mn t in 2023, up by 12pc from a year earlier. |
Ferrosilicon Futures close at 6486 on March 13, down 0.49%
The total trading volume of 2403 contract on the exchange was 73459 lots, with a turnover of about 2384.9394 million yuan. |
Liberty Steel targets Australian hydrogen, CCS deals
Liberty plans to build an electric arc furnace (EAF) at Whyalla. |
Nickel market surplus just 36,000t this year: Macquarie
The nickel market's supply overhang is not as significant as previously assessed, with physical supply-demand fundamentals tighter than market expectations and on track to balance sooner, according to the latest research undertaken by Australian bank Macquarie... |
South32 sells Australian Illawarra met coal operations
Australia-based diversified metals producer South32 has agreed to sell its Illawarra metallurgical coal operations in New South Wales state to an entity owned by Singapore-based Golden Energy and Resources (Gear) and Australia's M Resources for $1.65bn. |
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