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Global insight

Tata Steel sells two mills to Liberty House Group

[ferro-alloys.com] Tata SteelBSE 0.30 % UK has signed a definitive sale agreement to sell two of its pipe mills in Hartlepool to Liberty House Group. The sale agreement covers the 42-inch and 84-inch pipe mills, also known as the Submerged Arc Weld (SAW) mills...

Wednesday, July 12, 2017

Iron ore price jumps to 10-week high on China pollution crackdown

[ferro-alloys.com] The Northern China import price of 62% Fe content ore gained 1.2% on Tuesday to trade at $64.70 per dry metric ton according to data supplied by The Steel Index. It's the highest price since the beginning of May and the steelmaking raw mater...

Wednesday, July 12, 2017

Iron ore is staging another explosive rally

[ferro-alloys.com] Iron ore is staging yet another explosive rally, rocketing higher once again on Tuesday.

Wednesday, July 12, 2017

TRAGIC ACCIDENT AT ZAPOLYARNY MINE

Ferro-alloys.com:Moscow - PJSC MMC Norilsk Nickel” the world’s largest refined nickel and palladium producer, announces that on July 7, at approximately 10 am, an explosion occurred at a shaft of Zapolyarny Mine of the Polar Division of Nornickel.

Wednesday, July 12, 2017

Chrome Market Stablisation Brought Prosperity To Tharisa

Ferro-Alloys.com: Tharisa, a South African based Company, that produces Chrome Concentrate and Platinium Group Metals from a mechanized open-pit mine near Rustenburg. Tharisa, whose major shareholders are the Pouroulis family, produces chrome concentrate and p...

Wednesday, July 12, 2017

Getting scrappy: China iron ore demand may falter as steel recycling grows

[ferro-alloys.com] Up to 20 million tons in EAF capacity may be installed this year, said CLSA's Meng. China's current EAF capacity is around 100 million tons and could grow by 10-20 million tons a year over the next three years, he said.

Tuesday, July 11, 2017

Net steel exports tumble to the lowest level in 12 months: Research

[ferro-alloys.com] Consumption of carbon steel grew by more than 7% in the month of June, compared to the same period last year, however net steel exports declined to the lowest level in the last 12 months, according to research.

Tuesday, July 11, 2017

Steel Consumption Grows 4.6%, Exports up 66% in April-June

[ferro-alloys.com] India's steel consumption grew by 4.6 per cent to nearly 21 million ton in the first quarter of the current fiscal over the same period in 2016 while the country's steel exports jumped by nearly 66 per cent in the April-June period, a Minist...

Tuesday, July 11, 2017