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BHP Billiton to Spin off Aluminium, Nickel, Manganese assets

Mining giant BHP Billiton has signalled that it will de-merge its aluminium, manganese and nickel operations, valued at up to $14bn (£8.3bn), in order to focus on its core business.

Monday, August 18, 2014

Major South African Assets Fail to Make Cut in BHP Billiton Portfolio Remake

Major South African asset classes have failed to make the cut in BHP Billiton’s latest portfolio remake announcement

Monday, August 18, 2014

CSC plans to hike stake in Sakura Ferroalloys in Malaysia

China Steel Corp (CSC, 中鋼), the nation’s only integrated steel maker, plans to increase its investment in Malaysia-based Sakura Ferroalloys Sdn Bhd by US$13.87 million to replenish the latter’s working capital.

Monday, August 18, 2014

HC FeMn Prices in Inida on Track to Downtrend

[Ferro-Alloys.com] In recent period, high carbon ferromanganese market remains flat as demand was slow and traders were observed declining their offers. In Raipur, Ferromanganese (70% Mn) is being traded at INR57,000/MT. Currently in Durgapur, ferromanganese 7...

Monday, August 18, 2014

Flat Demand still Troubled Chinese Manganese Alloys Spot Market (Aug11th- Aug15th)

[Ferro-Alloys.com] The movement tendency of silicon manganese in China already set clear in the wake of August tender of steelmakers. Given August is the trandtional slack season for steel, it seems that manganese alloys market tend to maintain underperformed.

Monday, August 18, 2014

No Big Fluactuation on Imported Mn Ore Spot Market in China (Aug11th- Aug15th )

[Ferro-Alloys.com] This week, imported manganes ore spot market in China still failed to maintain in good shape amid weak demand. Australian Mn46 lumps are currently maintained at RMB33-34/mtu and RMB33.5-34/mt for Mn48 sand ore.

Monday, August 18, 2014

Chinese Cored Wire Market Was Peaceful (August11th –August15th)

According to our investigation, several reduction calcium factories were shut down for environmental reasons in Shanxi Province and they had not resumed

Monday, August 18, 2014

LC FeCr Sales?Blocked?in Chinese Market(Aug.11th-Aug.15th)

Even though most of the quotations of the low carbon ferrochroem did not have much changes, some producers said the sales slowed down in recent weeks. the drop of its raw materials price and the weakened demand from steel mills loosened the LC FeCr price.

Thursday, August 21, 2014