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Global insight

ASIA FERROCHROME: JAPAN PRICES FALL TO 10-YEAR LOW OF 60-62 CENTS/LB

Japan's spot high-carbon ferrochrome prices fell to a 10-year low of 60-62 cents/lb CIF Japan this week as keen spot sellers emerged amid the seasonal pre-Lunar New Year holiday lull, according to Platts' assessments.

Monday, February 1, 2016

CVMR Enters Pact to Refine Nickle Ore Concentrate in Oak Ridge

[Ferro-Alloys.com] Finance website on Thursday posted that Canadian corporation CVMR and Central America Nickel (CAN) Inc. have announced a partnership that is expected to positively impact the Canadian company's future Oak Ridge operations.

Monday, February 1, 2016

One More Reason You don't Want to Mine Nickel

[Ferro-Alloys.com]Nickel was the worst performer in a pretty sorry commodities field in 2015. The steelmaking ingredient lost just shy of 42% of its value last year.

Monday, February 1, 2016

Malaysia's Pertama to Commission FeSi Plant at SARAWAK in May

[Ferro-Alloys.com]Malaysia's Pertama Ferroalloys plans to commission its ferrosilicon furnace in May, more than five years after the company was established, a project stakeholder told Platts Friday.

Monday, February 1, 2016

Lack of raw materials pushes VISA Steel into SDR corner

VISA Steel announced last September that the Joint Lenders Forum had decided to invoke strategic debt restructuring (SDR) norms in accordance with the Reserve Bank of India circular dated June 8, 2015 after an earlier restructuring exercise failed to deliver t...

Wednesday, February 3, 2016

Namibia: Otjozondu Goes Into Voluntary Administration

[Ferro-Alloys.com]MANGANESE producer Shaw River Limited, owner of the Otjozondu manganese project has entered voluntary administration, as a consequence of low manganese ore prices.

Friday, January 29, 2016

Anglo’s All-in 2015 Production up Despite Stuttering South African Inputs

[Ferro-Alloys.com]The 2015 full-year production of Anglo American increased by 5% on a copper equivalent basis, despite lower iron-ore and thermal coal contributions from South Africa and a flat performance by platinum. The London- and Johannesburg-listed dive...

Friday, January 29, 2016

Russia Severstal’s Crude Steel Production Output up in 2015

[Ferro-Alloys.com]Russia steelmaker Severstal has announced its financial results for the year 2015, the company’s crude steel production 2.75 million tons in the 4th quarter of 2015, down by 5% month on month

Friday, January 29, 2016