Global insight
EU Ferro Alloy Anti-Dumping Duty on India Likely in Sept, 2015
Ferroalloy anti-dumping duties from the European Union should come in by September 2015, an industry source said. |
The Nickel Price Can Only Go up
Just four-five short years ago even the flimsiest prospect or project could look forward to lavish funding and a fat market cap. Today even those juniors doing the right thing at the right time still cannot attract investors to take it to the next level. |
Indian Ferroalloy Consumption Expected Up in 2-3 Years
A boom-time will come in another 2-3 years during which the steel industry will rebound and along with it will increase the consumption of ferro alloys. But the industry needs to give the present government another 2-3 years' time, an industry insider informe... |
Panel Moots Reopening of Seven Non-Captive Mines
Minister of State for Steel and Mines Prafulla Kumar Mallick on Wednesday said that the inter-departmental committee on mines has recommended reopening of seven non-captive mines in the State. |
Worldsteel:Jun 2015 Crude Steel Production Slightly Increased by 2.4%
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 136 million tonnes (Mt) in June 2015, a -2.4% decrease compared to June 2014. |
First Quantum restarts Ravensthorpe
Canada-based First Quantum Minerals has started recommissional work at the Ravensthorpe nickel mine, in Western Australia. |
UBS Analyst Calling for More Nickel Project Deferrals and Delays
Reuters reported that small Australian miners are being hit by the 30-percent nickel price slump that’s hit the market this year. Some have had to delay projects and expansions. |
BMO Sees Long-term Potential for ‘Strong’ Nickel Price Recovery
Even longer term, the picture is much the same. BMO anticipates a nickel price of $7.25 in 2017 and $8 in 2018; earlier it had predicted a nickel price of $11 in both years. |
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