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. |
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. |
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. |
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. |
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. |
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. |
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. |
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... |
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