Global insight

AMCO Revenues Spike to $43 Million on Barley Sales in China

[Ferro-Alloys.com]Armco Metals Holdings, Inc. (NASDAQ:AMCO), which is engaged in the sale and distribution of metal ore and non-ferrous metals throughout China, sees their revenues spike on inclusion of barley sales in China, upgraded to $2.50+ per share.

Friday, June 19, 2015

S. Korea’s Ferroalloys Import Slightly Down in Jan-May 2015

According to the statistics of Korea Customs, Korea’s ferroalloy import volume was 76,046 mt in May 2015, down by 19.3% M-O-M and down by 11.9% Y-O-Y. The total import volume in Jan-May 2015 was 433,168 mt, slightly down by 5% Y-O-Y.

Friday, June 19, 2015

Ukraine’s Ferroalloy Production Reduces in Jan-May

According to the Association of Ukrainian Ferroalloy Producers (UkrFA), the country’s ferroalloy production totaled 398,500 tons in January-May period, decreasing by 8.2% year on year.

Wednesday, June 17, 2015

Chinese joint venture builds nickel smelter in Morowali

Central Sulawesi Governor Longki Djanggola has officially launched the construction of a Rp 5.5 trillion (US$412 million) nickel smelting plant in Gandaganda subdistrict, Petasia district, North Morowali regency, Central Sulawesi.

Wednesday, June 17, 2015

Nickel Asia Corp.: The Philippines Will Fail to Satisfy China’s Nickel Ore Demand

[Ferro-Alloys.com]According to Manny Samson, chief financial officer of Nickel Asia Corp., the Philippines is not capable of completely meeting the demands for nickel coming from China. The Philippines, despite being the world's largest nickel ore producer, is...

Wednesday, June 17, 2015

Three China-funded Steel Projects to Come on Stream

Three steel projects, which have been financed by China Metallurgical Group Corp (MCC), will come on stream in Iran in the current Iranian calendar year, which began on March 21, said Mehdi Karbasian, the managing director of the Iranian Mines and Mining Indus...

Wednesday, June 17, 2015

Brazil's Export of Manganese Ore in May 2015

According to the customs statistics of Brazil, the total export volume of manganese ore in May 2015 was 141,527 tons (material quantity), grossly up by 63.7% from 86,435 tons of the prior month.

Tuesday, June 16, 2015

Assmang Stops Operation of One Electric Furnace at Cato Ridge Plant

On June 10, Assmang Limited, South Africa announced that it would stop operation of one furnace out of 4 for high-carbon ferro-manganese at Cato Ridge Plant in Kwazulu -Natal.

Wednesday, June 17, 2015
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