It is reported that Rio Tinto, Australia’s largest producer of iron ore, forecasted that the steel output in China would reach 1 billion tons by 2030 despite moderate growth in the past 18 months.

Recently, the Government of Newfoundland and Labrador approved Vale’s nickel mine project located at Voisey's Bay in Canada, and the project will be officially launched next year.

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.

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.

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.

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.

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

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.