Government Takes Steps to Boost Its Fragile Economy
Armco Metals Holdings, Inc. ("Armco Metals Holdings" or "the Company") (NYSE MKT:AMCO), a U.S. based company that engages in the import, sale, and distribution of metal ore and non-ferrous metals in the People's Republic of China, recycles scrap metals used by... |
Optimum Rescue Chance Reasonable if Eskom Deal Renegotiated – Glencore
The directors of Optimum are of the view that there is a reasonable prospect of rescuing Optimum Coal if the supply agreement with Eskom can be renegotiated, Glencore said on Thursday. Optimum Coal announced on August 4 that it had begun business rescue procee... |
Brazil’s Ferbasa Sales up in Apr-Jun
According to Brazil’s Ferbasa said that its sales of high carbon ferro-chrome totaled 29,136 tons during April to June, increasing by 4.7% year on year. |
December 2015 – New Commissioning Date for 55kt Tata Ferrochrome Plant
December 2015 is the new target date for Tata Steel to commission a 55kt per annum ferrochrome plant in Gopalpur, Odisha. Two previous dates – March and July 2015 – have been and gone and the company blamed delays on the installation of power transmitters. |
Eskom still Looking to Close ‘gap’ between Actual and ‘Cost-Reflective’ Tariffs
State-owned electricity utility Eskom has again argued that South African consumers are not yet paying “cost-reflective tariffs” and has indicated that it will continue to pursue revenue “claw backs” through the National Energy Regulator of South Africa’s... |
Eskom Unveils New Coal-Sourcing Strategy as it Pursues R2bn Optimum Claim
State-owned electricity utility Eskom has confirmed an overhaul to its coal-sourcing model, which could result in it withdrawing from its historical cost-plus arrangements with “tied collieries” in favour of arms-length commercial contracts with coal supplie... |
Zim Alloys Seeks to Unlock $225m
ZIMBABWE Alloys stands to unlock about $225 million from the export of three million tonnes of chrome ore over five years if Government grants the company’s application for an export licence. |
Japan Settles High-Carbon Ferrochrome Contract Prices for Q3
[Ferro-Alloys.com]It is reported that Japan’s stainless steel mills have settled contract prices of high carbon ferro-chrome at average US$116 cents/lb in the third quarter of 2015, holding steady from the previous quarter. |
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