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ZIMASCO DOWN TO ONLY 56 WORKERS
ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges. |
Chrome Ore Prices Remained Weak
[Ferro-Alloys.com]Steel mills in Northern China, including TISCO, Henan Xinjinhui Stainless Steel and Hebei Steel, lowered their tender prices of high-carbon ferrochrome in November. The decline in the new around of tender prices brought increasing pressures t... |
China's HC FeCr Prices Remained Stable while Weak
[Ferro-Alloys.com]Stainless steel mills in Southern China, including Tsingshan Group and Baosteel, kept a rollover on their tender prices of high-carbon ferrochrome, and Tsingshan Group greatly increased its tender amount, which indicated that the high-carbon ... |
Guangxi Yinyi Expected to Produce 15,000t Electrolytic Nickel in 2015
[Ferro-Alloys.com] Guangxi Yinyi Science and Technology Mine Metallurgy Co, Ltd, with a capacity of 20,000t electrolytic nickel, expected to produce 15,000t electrolytic nickel in 2015 compared to 11,000t last year. |
China's steel exports rose in October
According to the China General Administration of Customs statistics showed in October, China's steel exports were 9.02 million tons this year compared with 2.23 million tons last month, an increase of 5.5% year on year. During January-October, China's steel ex... |
Nickel Ore Market Lifted by Shortage Expectation (Nov 2nd-Nov 6th)
[Ferro-Alloys.com] In domestic market, low-grade nickel ore 0.9-1.1 remained at 150-170yuan/wt; mid-grade nickel ore 1.5 stayed at 240-260yuan/wt; high-grade nickel ore still quoted at 430-450yuan/wt. |
Low-grade Ferronickel Further Fell and High-grade Seems to Be the Same Way (Nov 2nd-Nov 6th)
[Ferro-Alloys.com] In domestic market, low-grade ferronickel 1.6-1.8 further fell 50yuan/t to 1650-1700yuan/t this week; mid-grade ferronickel 4-6 remained at 780-790yuan/ni; mid-grade ferronickel 6-8 stayed at 770-790yuan/ni as same as the high-grade ferronic... |
Chinese SiMn Price Lags Behind the Cost in November (Nov 2nd – Nov 6th )
[Ferro-Alloys.com] According to the statistics of www.ferro-alloys.com, the mainstream quotation of silicon manganese 6517 was RMB4250-4350/mt in Ningxia, and the mainstream quotation of silicon manganese 6517 was RMB4300-4350/mt in Inner Mongolia. The Novembe... |
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