Global insight
IFM SA Placed on Business Rescue
Deteriorating business conditions have pushed London-listed International Ferro Metals’ South African subsidiary (IFM SA) into business rescue proceedings. |
IFM Business Rescue Plan Approved
The business rescue plan recommending the sale of London-listed International Ferro Metal’s (IFM’s) embattled South African subsidiary has been approved by creditors. The business rescue practitioner for the ferrochrome producer would now seek to negotiate a... |
China, ASEAN seals deal to upgrade bilateral FTA
China and the Association of Southeast Asian Nations (ASEAN) sealed a deal here Sunday to upgrade their free trade area (FTA), injecting fresh impetus into regional economic cooperation. |
Zambia Imposed Provisional Safeguard Measures on Certain Steel Products
[Ferro-alloys.com] According to the WTO bulletin published recently, Zambia announced to start safeguard measures investigation on certain steel products on July 10 this year and decided on the same day in connection with the tax imposed provisional safeguard ... |
France’s Iron Ore Imports Declined in July
[Ferro-alloys.com] According to statistics showed in July, France imported 1.321 million tons of iron ore, down 3.4% year on year; the average import price was US$ 53.1/ton, fell 43.5% year on year. Among them, the country imported 581,000 tons of iron ore fro... |
Russia’s Severstal Increased Coal Sales in January-September
[Ferro-alloys.com] According to Russia steel and steel-related mining company PAO Severstal announced, the company’s ,coal sales were 2.038 million tons in July-September this year, including 1.459 million tons of coking coal concentrate, and 579,000 tons of ... |
Mexico’s AHMSA Adds New Sheet Metal Processing Equipment
[Ferro-alloys.com] It is reported that Mexico’s largest integrated steel mill, AHMSA has invest US$660, 033 of new equipment in in Coahuila. The company added two tying and cutting steel plate of the machine. Meanwhile, the company said that the new equipment... |
Korea's Crude Steel Production Fell in January-July
[Ferro-alloys.com] Korea iron and steel Association data showed in July this year, Korea's crude steel production rose 1% m-o-m, down slightly to 0.7% y-o-y. Among them, those for converter steel production rose 4% m-o-m to 4.13 million tons; electric steel pr... |
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