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Global insight

Railways Discontinues Dual Freight Policy for Iron Ore in India

[Ferro-Alloys.com]KOLKATA: The Ministry of Railways has finally yielded to industry's demand and discontinued the dual freight policy for transportation of iron ore and iron ore pellets. This policy came into effect from Tuesday.

Wednesday, May 11, 2016

Largo Resources Ltd. Announces OTC Markets Group Listing

[Ferro-Alloys.com]Largo Resources Ltd. ("Largo" or the "Company") is pleased to announce that it has received approval for trading on the OTCQB® Venture Market ("OTCQB"). The Company commenced trading under the symbol (LGORF) at market open today.

Wednesday, May 11, 2016

Bintulu Port to ‘reschedule’ Several Major Developments

By then, energy-intensive industries like aluminium, ferrosilicon and manganese alloy smelters will shift the import of raw materials and the export of finished products from Bintulu Port to Samalaju Port, which is designed to serve the Samalaju industries.

Wednesday, May 11, 2016

Glencore’s Ferroalloy Production Rises in Q1

[www.ferro-alloys.com] According to Glencore announced that the company’s ferrochrome output of 400,000 tons, an increase of 4% year on year. Ferromanganese output was 45,000 tons, an increase of 29% year on year. Those for Silicon-manganese production of 19...

Tuesday, May 10, 2016

USA Sets Preliminary Import Duty against Imports of Stainless Steel Welded Pipe from India

[www.ferro-alloys.com] It is reported that USA’s Department of Commerce (DOC) proposed a preliminary duties against welded stainless pressure pipes imported from India, saying that the goods were being dumped in the US market at below market prices.

Tuesday, May 10, 2016

Solar Power Reflects Morocco’s New Africa Ambitions

When production officially began at the world’s biggest concentrated solar power plant at Ouarzazate in southern Morocco in February, the country was widely celebrated for its achievement. Called Noor 1 after the Arabic word for light, the concentrated solar ...

Tuesday, May 10, 2016

Stalled in the U.S., Solar Thermal Power Finds a New Market in China

Seeing its prospects falter in the United States, solar thermal project developer SolarReserve is teaming up with the world’s largest coal provider to find better prospects for the technology in China.

Tuesday, May 10, 2016

Iron Ore Traffic Falls by 28% at Major Ports

[Ferro-Alloys.com]The slump in iron ore traffic weighed on cargo throughput of eastern ports. In case of Paradip Port, iron ore cargo nosedived from 3.4 mt to 0.2 mt year-on-year. Iron ore traffic at Visakhapatnam fell from 8.36 mt to 5.97 mt.

Tuesday, May 10, 2016