Global insight

South Africa's Ferrochrome Sector Warns of Jobs Losses due to Power Hikes

[Ferro-Alloys.com]The South African ferrochrome industry could face a closure of smelters and possibly as much as 200,000 job losses due to higher electricity prices, an industry body said on Tuesday.

Wednesday, June 24, 2015

Russia’s Ferro-alloy Exports Decrease in Apr

According to statistics, Russia exported 54,167 tons of ferro-alloy in April, down by 16.1% in comparison of last month.

Wednesday, June 24, 2015

Worldsteel:May 2015 World Crude Steel Production Decreasing by 2.1% Y-O-Y

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

Wednesday, June 24, 2015

Brazil’s Ferbasa May HC Ferro-Chrome Sales Drop

Brazil’s Ferbasa said its sales of high carbon ferro-chrome totaled 6,602 tons in May, dropping by 38.8% year on year.

Wednesday, June 24, 2015

Row over Captive Status Hits Tata Steel's Chrome Lease Extension

[Ferro-Alloys.com]The extension of Tata Steel's Sukinda chromite mine has hit the wall of delay seemingly over a confusion within the state mines department over the status of the lease.

Tuesday, June 23, 2015

Western Areas buys Glencore's Cosmos Nickel Complex for A$24.5 million

Western Areas acquired Glencore's Cosmos Nickel Complex, a project that will sit nicely alongside Western Area's existing Forrestania Nickel Operation in Western Australia.

Tuesday, June 23, 2015

Gulf Manganese Corporation Reinforces High EBITDA of Smelter Project

Gulf Manganese Corporation’s (ASX:GMC) planned manganese smelter in Timor remains a highly attractive project with a redrafted study highlighting EBITDA of US$374.7 million over 10 years with an NPV of US$160.6 million.

Tuesday, June 23, 2015

Japan’s domestic Steel Product Orders grow in Apr

Japan’s steel product orders, including specialty steels ordered by the domestic steel consuming sectors totaled 6.02 million tons in April, up by 2.6% from a month ago and dropping by 0.7% year on year, according to statistic released by the Japan Iron and S...

Tuesday, June 23, 2015
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