Burdened with huge volume of loans and hostile macroeconomic factors, steel producers have sought a financial package from the Centre that allows debt restructuring.

[www.ferro-alloys.com] The January bidding price of high carbon ferromanganese by Kunming Steel was RMB4500/mt, up by RMB155/mt month on month. Furthermore, the February bidding price was RMB4650/mt, up by RMB150/mt month on month.

Deputy Mines and Mining Development Minister Fred Moyo yesterday said chrome ore exports are moving at a "very slow" pace due to continued fall in global prices.

[Ferro-Alloys.com]In recent period, a tight supply of ferrosilicon in China resulted directly in further up in sales. The ex-work price of

[www.ferro-alloys.com] Kunming Steel knocked down its February bidding price of high carbon ferromanganese, which is RMB4650/mt, up by RMB150/mt month on month. The purchase volume was 420 tons.

[Ferro-Alloys.com]Tsingshan Group cut its new tender price of high-carbon ferrochrome in January 2016 again, reflecting a great decline of 7.7%. Following the sharp fall of nearly 10% in December 2015, the price hit the "circuit breaker" for another time. Thes...

Reuters reported that the nickel price hit its lowest level in 12 years on Tuesday on the back of concerns about high inventories. As of Tuesday, refined nickel inventories on the LME MNISTX-TOTAL were sitting at 437,334 tonnes, having risen 11 percent in the ...

Nickel miner and refiner Sherritt International Corporation has cautioned the market of an expected $2.4 billion impairment of the Ambatovy joint venture (JV) assets, in Madagascar, citing lower forecast nickel prices.