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Global insight

Steel Export Drops 3.1% in October, 35.3% on Yearly Basis

[ferro-alloys.com] Steel Export Drops 3.1% in October, 35.3% on Yearly Basis

Wednesday, November 8, 2017

Iron Ore Import in October Drops 22.7% in October

[ferro-alloys.com] According to Customs, China’s iron ore import volume reaches 79.49 million tonnes, dropping 22.7% on monthly basis and 1.62 on yearly basis.

Wednesday, November 8, 2017

China iron ore retreats after five-day rally as demand worries surface

[ferro-alloys.com] Chinese iron ore futures fell nearly 1 percent on Wednesday after a five-day runup, underlining demand concerns in the world's top consumer where steel mills are either preparing to cut or have cut output as part of Beijing's war against smo...

Wednesday, November 8, 2017

General Moly Highlights Reinforced Financial Position with Third Quarter 2017 Results and Provides Molybdenum Market Overview

[ferro-alloys.com] LAKEWOOD, Colo., Nov. 6, 2017 /PRNewswire/ -- General Moly, Inc. (the "Company" or "General Moly") (NYSE MKT and TSX: GMO) announced its financial results for the third quarter ended September 30, 2017 and reiterated that the Company's balan...

Tuesday, November 7, 2017

Iron ore is slowly recovering

[ferro-alloys.com] Iron ore spot markets rose for a third consecutive session on Friday, continuing to recover having fallen to a four-month low earlier in the week.

Monday, November 6, 2017

Watch the Curve For Iron Ore’s Spring Promise

[ferro-alloys.com] Iron ore’s in very unfamiliar territory. As China presses home its campaign to curb steel production, some investors are starting to wager that after a chill in winter, a torrent of pent-up demand will spur a springtime rebound in a move th...

Friday, November 3, 2017

Nigeria: World Bank Predicts Further Rise in Commodity Prices in 2018

[ferro-alloys.com] The World Bank has predicted that oil prices would rise to $56 a barrel in 2018 from $53 this year, as a result of steadily growing demand, agreed production cuts among oil exporters and stabilising United States shale oil production.

Thursday, November 2, 2017

Settlement in $48 billion lawsuit against BHP, Vale postponed again

[ferro-alloys.com] A Brazilian court granted BHP Billiton and Vale an extension to November 16 to negotiate a final settlement on $47 billion in claims stemming from a deadly dam burst at their Samarco joint venture in the country two years ago.

Wednesday, November 1, 2017