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Global insight

Clive Palmer and the Nickel Refinery Collapse that Wasn't

Clive Palmer could walk away from the administration linked to his Queensland Nickel refinery without losing the assets and leave creditors out in the cold.

Monday, January 25, 2016

US’s coal exports decline in Jan-Nov last year

According to the United States Trade statistics, in January-November of last year, United States exported 62.676 million tons of coal, down by 23.5% year on year or 19.2 million tons. The exports average prices are at US$85.31/ton, down by 11.2% year on year. ...

Monday, January 25, 2016

SOUTH AFRICA'S IFM SETTLES CHROME ORE SUPPLY DEAL WITH RUSTENBURG

International Ferro Metals has entered into a settlement agreement with Rustenburg Platinum Mines regarding its interests under a chromite supply agreement under which Rustenburg is obliged to supply UG2 chrome ore to IFM, the South African ferrochrome produce...

Friday, January 22, 2016

Competition Tribunal Lifts Conditions on Zimco, Atlantis Merger

The Competition Tribunal has approved a request by South African industrial and base metals producer Zimco Group to lift certain conditions imposed by the Competition Commission in 2014, when it approved the merger of Zimco and lead anodes producer Atlantis Me...

Friday, January 22, 2016

Zimbabwe: Govt Sets Up SPV Assist Chrome Miners

GOVERNMENT has set up a special purpose vehicle (SPV) to assist small scale chrome miners export the mineral.

Friday, January 22, 2016

Latin America’s finished steel imports rise from China in Jan-Nov last year

Latin America iron and Steel Institute (Alacero) statistics showed, in the first eleven months of 2015, Latin America imported 7.6 million tons of finished steel from China, an increase of 2% year on year. Meanwhile, Chinese finished steel exports amounted ...

Thursday, January 21, 2016

Japan’s NSSMC to supply titanium alloys steel for Aero-Engine

Japan's largest steelmaker Nippon Steel & Sumitomo Metal Corporation, has announced that the company has agreed supply of aircraft engine titanium alloy steel for France aero-engine manufacturer Snecma. Nippon Steel will be the first provided of titanium al...

Thursday, January 21, 2016

Vietnam’s Scrap Steel Imports Decline in 2015 y-o-y

According to statistics, in December 2015, Vietnam imported 265,000 tons of scrap steel, an increase of 20.1% year on year. The imports amounted to US$46.58 million.

Thursday, January 21, 2016