Global insight

Morgan Stanley Lowers Nickel Price Outlook as Stocks Rise

At the end of 2014, many market watchers anticipated positive price action in the nickel space in the near term.

Thursday, July 23, 2015

Weak Prices Hurt Merafe

[Ferro-Alloys.com]Merafe Resources said on Monday that the weakening price of ferrochrome coupled with higher costs would hit basic earnings, resulting in a slump in its latest interim period.

Thursday, July 23, 2015

South32 to Book $1.9bn Writedown

Australia Manganese saleable ore output lifted 3 per cent to 2.9 million tonnes for the 12 months to June 30, after plant throughput and concentrator yields improved. Meanwhile, the company's South African Manganese saleable ore production increased by 7 per c...

Wednesday, July 22, 2015

Cancana Resources Provides Q2 Results-BMC JV Increases Quarterly Production by 55%

Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") announced today results from the second quarter of operations from its joint venture Brazil Manganese Corp ("BMC").

Wednesday, July 22, 2015

Japan’s Ferroalloys Import Dropped by 6.1% in Jan-May 2015

According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 28,102 mt in May 2015, up by 60% M-O-M and up by 25.7% Y-O-Y. The total export volume in Jan-May 2015 was 107,677 mt, down by 6.1% Y-O-Y.

Wednesday, July 22, 2015

US Ferroalloys Import Volumes in Jan-May 2015 down by 12%

According to the statistics of US International Trade Commission, American ferroalloy export volume was 9,509 mt in May 2015, up by 3.5% M-O-M and down by 14.5% Y-O-Y. The total export volume in Jan-May 2015 was 44,939 mt, down by 20.5% Y-O-Y. The materials we...

Wednesday, July 22, 2015

Merafe’s Profitability Slides

[Ferro-Alloys.com]Merafe Resources says basic earnings per share for the six months to June will drop by between 41% and 48% to 4.7c and 5.3c.

Wednesday, July 22, 2015

Prices, Expenses Drive 48% Dip in Merafe H1 Earnings

[Ferro-Alloys.com]Black-managed Merafe Resources is bracing for an up to 48% slump in basic earnings per share (BEPS) for the six months ended June 30, informing the market on Monday that the decrease in net ferrochrome prices and an increase in expenses was e...

Wednesday, July 22, 2015
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