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Global insight

Tough Times Prompt VISA Steel to Think Out of the Box

In 1994, Vishambhar Saran took everyone by surprise when he quit Tata Steel after a 25-year stint. He was director of raw materials then. VISA Industries (later renamed VISA Steel) was set up. The big leap for Saran came in 2003 when the company signed a memor...

Thursday, October 22, 2015

Nickel Miners Proving Stubborn on Output Cuts Despite Price Slide

Base metal mines dipping into the red are proving unexpectedly resilient against output cuts, which is likely to prolong and deepen already weak prices.

Thursday, October 22, 2015

Glencore Canadian Nickel Mine Remains Closed After Fatality

Operations at Glencore’s Nickel Rim South mine in Sudbury, Ontario were suspended until further notice for a second day on Wednesday after a worker was killed underground on Tuesday morning.

Thursday, October 22, 2015

US’s Ferroalloys Imports and Eexports Increase in August

According to the United States Department of Commerce announced in August of this year, United States imported 133,137 tons of Ferroalloy, an increase of 20% month on month.

Wednesday, October 21, 2015

Ukraine's Jan-Aug Ferronickel Exports Fall 6.1% Yearly

Ukraine's exports of ferronickel in the first eight months of the year fell 6.1% year on year to 68,850 mt, down from 73,340 mt exported in the same period last year, the state statistics service said Tuesday.

Wednesday, October 21, 2015

China state steel firm to default after government said to help

[Ferro-Alloys.com] A Chinese state-owned steel trader is set to default on a bond payment even after the government was said to have stepped in to help, highlighting worsening corporate finances as an economic slowdown deepens. Sinosteel will delay an interes...

Wednesday, October 21, 2015

10 Top Tungsten-producing Countries

China is the largest producer of tungsten, accounting for about 84.5 percent of the world’s total output. In 2014, the country produced 68,000 MT of tungsten, the same amount as the previous year. That’s a lot of tungsten, but a recent report notes that the ...

Wednesday, October 21, 2015

Korea's Steel Statistics:Results of Demand & Supply for FA in July 2015

The production volume of ferroalloys in July 2015 compiled by Korea Iron and Steel Association (KOSA) was 39,329 tons, down by 2.0% from 40,118 tons in the prior month. The item-wise comparison with the prior month was high-carbon ferro-manga

Wednesday, October 21, 2015