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Ferrosilicon Futures close at 6984 on July 5, down 0.77%
The 2306 ferrosilicon contract price on ZCE closed at 6984 yuan per ton on July 5. |
Glencore offers to buy rest of PolyMet for $71m
Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million. |
Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition
Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition |
Exports in May 2023: -0.1% on April 2023
Exports in May 2023: -0.1% on April 2023 |
Nickel prices to weaken on market surplus: Australian government
Nickel supply surplus over the next two years will keep nickel prices lower, according to the Australian government’s latest Resources and Energy quarterly report. The LME nickel price, which is forecast to average about USD23,000/mt in 2023, respectively USD... |
$49 Million Government Grant Agreement Executed
$49 Million Government Grant Agreement Executed |
Nucor keeps plate pricing flat
Plate prices have remained flat during the same time period, creating a spread that is now $750/st. |
India's Vedanta begins strategic review of steel assets
Indian private-sector resources firm Vedanta has announced a strategic review of its steel and steel raw materials business, including potential sale of some assets. |
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