Global insight

South32 Released Its Quotation of Mn Ore for the Second Time in September

[Ferro-Alloys.com] South32 company released its quotation of manganese ore for the second time in September, please refer to the next table for more information.

Monday, September 5, 2016

India: Domestic steel industry’s capacity utilisation to rise by 5% in FY17

Capacity utilisation of domestic steel industry is expected to pick up by about 5% in the current financial year on the back of protective measures laid down for producers to shield them from cheap imports and also because of a likely rise in demand for the co...

Monday, September 5, 2016

China’s Steel Mills Hunt for High-Grade Iron Ore to Boost Output

[www.ferro-alloys.com]Cashed-up Chinese steel mills are chasing top quality iron ore to help increase output and meet Beijing’s tougher environmental standards, driving the premium for high-grade ore to its biggest in two years.

Friday, September 2, 2016

MEPS predicts modest upturn in global stainless steel prices

The MEPS world average stainless steel price is expected to extend its slow recovery due to rising raw material costs and local supply tightness in several regions. The world average price for 304 cold rolled coil increased, marginally, this month, to a figure...

Friday, September 2, 2016

Sail to acquire 90% of Chrometco

JSE-listed Chrometco has entered into conditional agreements with commodity trading company Sail Minerals that will result in Sail acquiring just less than 90% of Chrometco.

Friday, September 2, 2016

Korean POSCO to Become World's Leading Supplier in Automotive Steel Plates

Korea Herald reported that POSCO is striving to be the world’s leading supplier for automotive steel plates for car producers as automotive steel has become increasingly important with fast growing opportunity. As results, POSCO has finished the construction ...

Thursday, September 1, 2016

Japanese domestic steel orders declined; exports edged higher

The domestic steel product orders in Japan recorded marginal decline during the first half of the current year. Meantime, government trade data suggests that steel exports by the country climbed higher during July, the latest month for which data is available.

Thursday, September 1, 2016

Tata Steel Withdraws From Bastar Steel Plant Project

[www.ferro-alloys.com]After few years of gridlock over land allocation, protest by locals and mining issues, Tata Steel has finally withdrew from its plan to set up a 5.5 million tonne per annum (MTPA) green field integrated steel plant in tribal Bastar region...

Wednesday, August 31, 2016
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