[Ferro-Alloys.com] In recent period, ongoing flat demand aggravated shutdown for non-standard silicon manganese factories in Guangxi and Hunan of China.
[Ferro-Alloys.com]Production rate for ferrochrome fell down due to the increase of power prices with the return of dry season in Sichuan. The production rate fell to 50-60% in November, said one of the largest ferrochrome producers in this province.
According to the statistics of US International Trade Commission, American ferroalloy export volume was 10,167 mt in September 2014, slightly up by 1.5% M-O-M and up by 14.4% Y-O-Y. The total export volume in Jan-Sep of 2014 was 97,700mt, up by 10.2% Y-O-Y.
MIAMI, Nov. 5, 2014 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announced results for the first quarter of fiscal 2015, ended September 30, 2014.
Global miner Rio Tinto, which gets 92 percent of its revenue from iron ore, is unfazed by the drop in ore prices and sticking to plans to raise output, chief executive Sam Walsh said.
One of the recurring themes in iron ore’s precipitous decline this year has been the weak state of Chinese demand. The problem with this is that it simply isn’t true.
The market continued to pick up till mid-October after China National Day. However, it turned to a slightly declining trend at the moment. Albeit the production cost in the southern region as a main producing area was up from September, the accumulated stock t...