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Global insight

Kyrgyzstan bans foreign companies from future mining projects

Kyrgyzstan on Friday banned foreign companies from future large mining projects, although existing licences are unaffected, in the first major order by its new president.

Monday, February 1, 2021

China's imports of iron ore from Russia increased significantly last year

China's imports of bulk commodities such as oil, gas and iron ore from Russia increased significantly last year.

Monday, February 1, 2021

ArcelorMittal to restart blast furnace No.2

ArcelorMittal to restart blast furnace No.2.

Friday, January 29, 2021

JISCO martensitic stainless steel products continue to enrich

Stainless steel branch of Jiuquan Iron and steel Hongxing Co., Ltd. has cultivated martensitic stainless steel as a key characteristic product through technical breakthrough and process optimization. At present, 25 brands of martensitic stainless steel product...

Friday, January 29, 2021

Relying on Taishan Iron and Steel Co., Ltd. to cultivate stainless steel industry ecosystem

Recently, Jinan City clearly put forward the deployment of "promoting the cluster development of high-quality steel and advanced materials industry", and made clear the requirements of "relying on Taishan steel, cultivating stainless steel industry ecosystem".

Friday, January 29, 2021

Chrome market could change with new export tax regime, dissuading Chinese offtake

A“delicate” balancing act between chrome ore mining and stainless steel production may be under threat as South Africa changes its export tax regime to boost the commodity’s “welfare benefits” and to favour local chrome buyers instead of foreign buyers.

Friday, January 29, 2021

Global nickel production is about 5 billion pounds a year

Global nickel production is about 5 billion pounds a year, divided equally between grade 1 high-purity nickel from sulphide deposits and grade 2 nickel from laterite deposits.

Friday, January 29, 2021

Commencement of the first section of the OBI ferronickel project in Indonesia

According to China Metallurgical International, China Metallurgical International construction of the first section of the Indonesian OBI ferronickel project has officially started on January 25.

Friday, January 29, 2021