Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...
Tags: copper production, copper
Major Chinese coal miners will be able to temporarily adjust their coal output in either direction between September and December after an agreement with the China Coal Trade and Development Association, industry sources said Friday. The ...
Tags: coal miners, Ferrochrome
The spot price of South Africa-origin charge chrome (48-52% Cr) was assessed by Platts at 79-80 cents/lb CIF on Friday, down from 80-81 cents/lb CIF China a week ago, on slow demand and ample supply. A deal was confirmed at 80 cents/lb ...
Tags: Ferrochrome, Chrome Import, Metallurgy
Finland-based stainless steelmaker Outokumpu has announced an update on its strategy, and also announced the expansion of its efficiency programs as well as the expected achievement of its €200 million synergy targets in 2015, two ...
Tags: Outokumpu, stainless steelmaker
Japanese spot import prices of high-carbon ferrochrome rose this week as Indian producers cut output amid a decline in domestic chrome ore feedstock supplies, market sources said Friday. Platts assessed the spot price of high-carbon lumpy ...
China's Jiuquan Iron & Steel has cut its high carbon ferrochrome purchase price by Yuan 100/mt ($16/mt) on the month to Yuan 6,500/mt (80 cents/lb), including 17% VAT, for May deliveries, industry sources said Monday. The drop was larger ...
Tags: Jiuquan Steel, Ferrochrome
China exported 40,000 mt of ferroalloys in March, down 50% from a year ago, according to data published by the General Administration of Customs late Wednesday. The March figure, however, was double the volume of exports in February. ...
Tags: Ferroalloy, ferroalloy exports
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
On April 14, Mika Seitovirta, CEO of Finland-based stainless steel producer Outokumpu, stated at the company's annual general meeting that in 2013 the weaker-than-expected market and the remedy requirement set by the European Commission ...
Tags: Outokumpu, stainless steel
Glencore Xstrata produced 425,800 mt of copper in the fourth quarter ended December 31, 2013, up 32.2% year on year and up 3.1% quarter on quarter, the company said Tuesday. Copper output over January-December 2013 totaled 1.5 million mt, ...
Chinese import prices for ferrochrome and charge chrome were unchanged this week, as market activities slowed ahead of the Lunar New Year holidays starting end-January. The spot price for Indian-origin high carbon ferrochrome (58-60% Cr) ...
India steel giant Tata Steel has announced that it has launched India's first ferromanganese and ferrochrome brands, introducing two new products named Tata Ferromag and Tata Tiscrome. Tata Steel is targeting a market size of 300,000 mt a ...
The Chinese import price for Indian-origin ferrochrome (58-60% Cr) inched higher to 84-86 cents/lb CIF China Friday, from 84-85 cents/lb CIF a week ago, as Chinese buyers lifted their price ideas amid a strengthening Chinese yuan against ...
Tags: Origin Material, Chemicals
Nippon Steel & Sumikin Stainless Steel (NSSC), the largest stainless steel producer has settled the import prices for high carbon ferrochrome with South African producers at 126 cent/lb. CIF for the first quarter of 2014, rising by 4.6% ...