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Global insight

Philippines says open pit mining ban to stay put

Ferro-alloys.com:The Philippines' new Environment and Natural Resources minister Roy Cimatu won’t revoke a ban…

Wednesday, August 2, 2017

BHP denies it has agreed to sell Samarco stake to Vale

[ferro-alloys.com] BHP Billiton on Tuesday denied commentary in a Brazilian newspaper that it has agreed to sell its stake in the Samarco iron ore mine to its partner Vale.

Wednesday, August 2, 2017

JSW Steel takes a beating on higher input cost

[ferro-alloys.com] Sajjan Jindal’s JSW Steel should soon have two factors working to mitigate its rising expenses, amid volatile coking coal and relatively higher domestic iron ore prices.

Wednesday, August 2, 2017

Upbeat China data sends iron ore soaring, climbs the most in 8 months

Iron ore prices received a major boost Monday hitting its highest level in eight months after upbeat Chinese data showed its construction sector in July grew the most in almost four years.

Tuesday, August 1, 2017

Kumba Iron Ore chief sees price retreat through second half of year

[ferro-alloys.com] Kumba Iron Ore chief executive officer Themba Mkhwanazi correctly predicted in February that his company’s commodity would plunge 40 per cent. After a recent recovery, he expects it to fall again.

Monday, July 31, 2017

Freeport-McMoRan: The Fight For Survival

[ferro-alloys.com] Summary FCXhas been fighting for survival after being on its proverbial death bed just a year and a half ago. The fight for survival continues as evidenced by lower production and heavy strategic declines in oil. Cost cutting has be...

Monday, July 31, 2017

ArcelorMittal sees higher steel demand, but fears imports

[ferro-alloys.com] ArcelorMittal, the world’s largest steel producer, raised its outlook for global steel demand on Thursday, as it expected the Chinese industry to return to growth, but said cheap imports continued to hurt its business.

Friday, July 28, 2017

Teck's steelmaking business jumps from $52M to $785M in 2Q

[ferro-alloys.com] Teck's steelmaking business jumps from $52M to $785M in 2Q

Friday, July 28, 2017