Global insight

Iron ore market can absorb supply loss from BHP fire: traders

[ferro-alloys.com] A well-supplied global iron ore market will easily absorb lost production due to a fire at BHP’s big Mt Whaleback iron ore mine in Australia, traders in the commodity said.

Monday, June 5, 2017

Export by Belarusian steel mill BMZ 42.7% up in January-April

[Ferro-Alloys.com] In January-April 2017 the Belarusian steel mill BMZ exported 578,900 tonnes of metal products worth $283.4 million. In monetary terms the export growth rate totaled 142.7% as against January-April 2016, the company's Press Secretary Alexande...

Friday, June 2, 2017

US steel mill capability utilization nudges above 75%

[Ferro-Alloys.com] US raw steel production edged up 0.7% last week, bringing the industry's capability utilization to just over 75%, according to American Iron and Steel Institute data released Tuesday.

Friday, June 2, 2017

Domestic steel mills to benefit from low ore prices, ICRA

Domestic steel mills may benefit from lower iron ore and coking coal costs in the current year but sustained weakness in demand still remains a concern, ICRA said.

Friday, June 2, 2017

West Australian Treasurer in Action

Ferro-Alloys.com:News coming from West Australian where the Treasurer Ben Wyatt says

Friday, June 2, 2017

Glencore positioning for M&A

[ferro-alloys.com] Glencore (LN:GLEN) is emerging from a period of consolidation with an enviable balance sheet and insulated cash flows, putting a major M&A tilt back on the table for the first time in years, according investment bank Jefferies.

Thursday, June 1, 2017

Chile's Molymet posts 15% drop in Q1 molybdenum sales

[ferro-alloys.com] Chile's Molymet, the world's largest processor of molybdenum, sold 36.2 million lb of molybdenum products during the first quarter, down 15.5% year on year, the company said.

Wednesday, May 31, 2017

West Australian Treasurer in Action

News coming from West Australian where the Treasurer Ben Wyatt says he will not give up on a push to get BHP Billiton and Rio Tinto to "cash out" the production levy despite the miners telling him in meetings over the past 48 hours that they are not on board w...

Wednesday, May 31, 2017
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