Global insight
India unveils Minimum Import Price in order to support domestic mills
Like most regional steel industries, the Indian steel industry was sitting in a very comfortable position till 2013. The market was well balanced from both, a demand and supply perspective. In fact, the steep currency depreciation towards the start of 2013 Q... |
Elkem Gives A Timeframe for Re-Starting Silicon Ingot Production In Norway
Five months after announcing plans to re-start solar silicon production at a former REC Solar facility in Norway, Elkem has revealed that it expects to re-open the facility in the second half of 2016. |
Clive Palmer's Queensland Nickel begins closing temporarily over lack of ore
Clive Palmer's Queensland Nickel has begun shutting down temporarily because of a lack of ore to process. |
Metkore Alloys & Industries Ltd Announces Extension of Power Cost reimbursement to FerroAlloys Industries
The Government of Andhra Pradesh vide its GO dated February 25, 2016 extended power cost reimbursement @ Rs.1.50 per unit for Ferro |
Vale Keeps Feeding Iron Ore Glut but Misses Estimate
Brazil’s Vale (NYSE:VALE) kept ramping up its production of iron ore in the October-to-December period despite a global glut that has severely hurt producers and squeezed smaller competitors. |
Vale Posts Record Loss to Sell Core Assets
Brazil’s mining giant Vale (NYSE:VALE) reported Thursday its deepest quarterly net loss ever, becoming at the same time the first of the three largest iron ore producers to put some of its core assets up for sale. |
Indonesia to Ease Mineral Export Ban From 2017
The government of Indonesia will relax next year its ban on partially processed minerals exports, including copper, nickel, zinc and bauxite ore order to prop up its economy. |
Glencore Positive on Coal Turnaround
Diversified mining and marketing company Glencore, which plays a leading role in the global seaborne steam coal market, including being the major exporter of the mineral out of South Africa’s Richards Bay Coal Terminal (RBCT), spoke positively on Tuesday on t... |
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