Global insight

France Primarily Steel and Ferroalloy Exports Reached 4.83 Billion Euros in H1

According to France Ministry of economic, financial and statistical data showed that France primarily steel and Ferroalloy exports reached 4.83 billion euros in H1 of the year, down slightly 0.21% year on year.

Thursday, August 13, 2015

CRA Targeting Mining-Sector Tax Havens

Canadian corporations that use tax havens like Switzerland and the Cayman Islands to reduce the taxes they pay at home have good reason to worry.

Thursday, August 13, 2015

Nickel, Copper, Aluminum Hit Six-year Lows on Weaker Yuan

Nickel, copper and aluminum hit six-year lows on Wednesday after China allowed the yuan to weaken further, prompting fears that metals demand from the world’s top buyer would wither and sending nickel down 15 per cent before prices recovered.

Thursday, August 13, 2015

Brazil’s Ferbasa Sales up in Apr-Jun

According to Brazil’s Ferbasa said that its sales of high carbon ferro-chrome totaled 29,136 tons during April to June, increasing by 4.7% year on year.

Thursday, August 13, 2015

Glencore Leads Mining Slump

Glencore Plc led a global slump in mining shares on concern China’s decision to devalue the yuan will sap demand for commodities.

Wednesday, August 12, 2015

December 2015 – New Commissioning Date for 55kt Tata Ferrochrome Plant

December 2015 is the new target date for Tata Steel to commission a 55kt per annum ferrochrome plant in Gopalpur, Odisha. Two previous dates – March and July 2015 – have been and gone and the company blamed delays on the installation of power transmitters.

Wednesday, August 12, 2015

New Nickel Copper Discovery at Double Magic Ni-Cu Project

Buxton Resources Limited (ASX: BUX & BUXO) advises that it has discovered significant nickel and copper sulphide mineralization in its first reverse circulation (RC) drilling program at its 100% owned Double Magic Nickel-Copper (Ni-Cu) Project in Western Austr...

Wednesday, August 12, 2015

Turkish Ferroalloys Import Slightly Down by 9.2% in H1 of 2015

In Jun 2015, Turkish ferroalloy export was 4,259 mt, dropping down by 41.5% M-O-M and dropping down by 206% Y-O-Y. In H1 of 2015, the total export was 37,391 mt, down by 40.5% Y-O-Y. Netherlands and Canada were the main importers of Turkish ferroalloys.

Wednesday, August 12, 2015
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