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Cahya Mata Sarawak to Sell Entire Stakes in Sarawak Alloy Smelter and OM Samalaju to OM Holdings for RM526.52 Mil
A conditional share sale agreement (SSA) has been signed between CMS and OMS, according to CMS’ filing with Bursa Malaysia. |
Foreign demands for Chinese ferrosilicon increased significantly this year
Since the beginning of this year, foreign demands for Chinese ferrosilicon increased significantly. |
Reduce production Output, Producers expected to save market of ferroalloys
Chinese producers want to cut production volume in order to save price dropping in this week. |
USD 120 MILLION BINDING OFFER TO ACQUIRE THE REMAINING 25% INTEREST IN KEY MALAYSIAN OPERATING SUBSIDIARIES, OM SARAWAK AND OM SAMALAJU
OMS is a 100% owned subsidiary of OMH and SISB is a 100% owned subsidiary of Cahya Mata Sarawak Berhad (“CMS”) (BURSA: CMSB-2852). |
OM HOLDINGS LIMITED: MARCH 2022 QUARTERLY FeSi PRODUCTION down 6.1%
For the quarter ended 31 March 2022, production volumes for FeSi and manganese alloys decreased by 6.1% and 3.0% respectively as compared to the previous quarter. |
South Korea ferrosilicon (silicon≤55%) imports increase 31.91% in March 2022
South Korea ferrosilicon (silicon≤55%) imports increase 31.91% in March 2022. |
South Korea ferrosilicon (silicon>55%) imports increase 64.88% in March 2022
South Korea ferrosilicon (silicon>55%) imports increase 64.88% in March 2022. |
Price dynamics of manganese and silicon alloys in Europe
Despite limited supply, suppliers are worried that prices will fall because trading activity is still low. |
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