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Global insight

South 32: Quarterly Report March 2020

[Ferro-Alloys.com] Responded to market conditions to maintain the financial strength of our business by suspending the remaining US$121M of our current on-market share buy-back program and lowering FY20 sustaining capital expenditure guidance, including equity...

Tuesday, April 21, 2020

Eskom agrees temporary coal price with South32 which targets sale of SAEC by December

[Ferro-Alloys.com] SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but the onset of the COVID-19 pandemic had delayed a review of the South African manganese smelt...

Tuesday, April 21, 2020

Indian Steel Demand Likely to slip by 14-25% in 2020-21 - Crisil

On a quarterly basis, steel demand would be a washout in the first quarter of this fiscal, given the pan-India lockdown that would hurt construction.

Monday, April 20, 2020

US Steel idling Keewatin Taconite Plant

Keetac can produce about 6 million net st of iron ore pellets each year.

Monday, April 20, 2020

Pakistan’s International Steel Reports 72% Dip in 9 Month Profit

Pakistan’s International Steels profit plunged 72% to PKR 655.6 million in the nine month period ended March 31, 2020.

Monday, April 20, 2020

Coronavirus pandemic accelerating need for coal production cutbacks amid declining demand

Coronavirus pandemic accelerating need for coal production cutbacks amid declining demand

Monday, April 20, 2020

Rio Tinto cuts 2020 copper production guidance to 475,000-520,000 mt

Rio Tinto cuts 2020 copper production guidance to 475,000-520,000 mt

Monday, April 20, 2020

Bluejay Mining grows Greenland footprint

Bluejay Mining grows Greenland footprint

Monday, April 20, 2020