Global insight

Indian Metals MD says expansion will be funded via internal accruals

Subhrakant Panda, MD of Indian Metals and Ferro Alloys said the company's balance sheet position remains strong with cash on books at about ?350 crore.

Wednesday, April 3, 2024

Jubilee extends chrome tolling agreements to 2027

Jubilee Metals reported tolling agreements to February 2027, while construction of a second processor module was on course for completion later this year.

Wednesday, April 3, 2024

US companies complain about ferrosilicon imports

US producers claim that the price spread on ferrosilicon sourced from Russia,Kazakhstan, Malaysia and Brazil is as high as 212%, which is seriously damaging the local industry.

Wednesday, April 3, 2024

India's MOIL Limited achieves 35% rise in manganese ore output in FY 2023-24

Indian state-run miner MOIL Limited achieved manganese ore production of 1.75 million mt in the fiscal year 2023-24,up 34.61 percent year on year, according to a company statement on Tuesday,April 2.

Wednesday, April 3, 2024

PGMs and chrome – a focus for MTE in April 2024

Mining and Technical Exhibitions (MTE) is back in the western limb chrome and platinum belt for a high impact combo showcase on 9 and 11 April 2024, in Mooinooi and Rustenburg respectively.

Tuesday, April 2, 2024

Tata Steel to infuse $795 million in equity in subsidiary NINL to expand long product capacity

India's Tata Steel Limited will invest an estimated $795 million in equity in its subsidiary Neelachal Ispat Nigam Limited (NINL) for its expansion plan in long products, company sources said on Friday, March 29.

Tuesday, April 2, 2024

India's MOIL Limited hikes prices of all grades of ferromanganese ore with immediate effect

Indian state-run miner MOIL Limited has increased prices of various grades of manganese ore by 3-6 percent with immediate effect

Tuesday, April 2, 2024

Ukrainian metallurgy targets green steel production with high-quality iron ore concentrates

The modern development of metallurgy requires a transition to the production of green steel, which creates demand for high-quality iron ore concentrate.

Tuesday, April 2, 2024
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