Global insight
IMFA Incurs Rs 3.74 Cr Loss in Q3 due to Mines Closure
[Ferro-Alloys.com]Ferrochrome producer Indian Metals and Ferro Alloys Ltd (IMFA) has made a loss of Rs 3.74 crore in October-December period, against Rs 11 crore profit made in the previous comparable period due to its chromite mines closure. |
Bulk Commodities Freight Recorded 28 Years’ New Low
On Jan.29th, the Baltic Dry Index (BDI) declined by 5% to 632point, recording the new low since 1986. In addition to the excess capacity, unstable demand and the dropping fuel costs, the shrinking demand of China was considered to be the main driving force. |
Japan’s Ferromanganese Import Up by 3.9% in 2014
According to the statistics of Japan Customs, Japan’s ferromanganese import volume was 13829 mt in Dec, 2014 and was totally 134,475 mt in the whole year 2014, up by 3.9% Y-O-Y. The imports by counties were as follows |
Japan’s Ferroalloys Import Up by 10% in 2014
According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 24,454 mt in Dec, 2014, more than 2 times than that in Nov, and down by 32.4% Y-O-Y. The total export the whole year of 2014 was 231,475 mt, slightly down by 3.6% Y-O-Y. |
Merafe has Achieved 84% of Operating Capacity Utilisation
[Ferro-Alloys.com]MERAFE Resources’ full-year ferrochrome production volumes for 2014 were 5 percent higher than the previous year. |
BHP Billiton's South32 must Make Acquisitions, Deutsche Bank says
The management of BHP's spin-off of unwanted assets, South32, will have little choice but to chase acquisitions if they want to pursue growth, according to Deutsche Bank. |
Sakura Ferroalloys Intending to Export to Asian steelmakers
Sakura Ferroalloys SDN BHD is a joint venture between mining house, Assmang Limited (South Africa), trading giant, Sumitomo Corporation (Japan) and manufacturer, China Steel Corporation (Taiwan). |
TUV Rheinland 'Quality China' Solar Summit boosts China PV industry
Instead of talking about market and price, quality was the key word at the 'Quality China' Solar Summit in Changzhou, Jiangsu province, which was held on Jan 15 and 16 and hosted by German testing and certification company TUV Rheinland. |
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