Global insight
Russia's Mechel, Taltek raise coking coal output in 1Q
Overall Russian coal output fell in the first quarter of this year, but some coking coal mining firms raised output. |
ArcelorMittal takes outage at Burns Harbor
Integrated steelmaker ArcelorMittal is taking a planned outage at one of the blast furnaces at its Burns Harbor mill. |
Australian coal ports struggle with debt loads
Gladstone, DBCT, Hay Point and Abbot Point operated at a combined utilisation rate of just 75pc in 2019 and the distribution was uneven. |
South 32: Quarterly Report March 2020
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[Ferro-Alloys.com] Responded to market conditions to maintain the financial strength of our business by suspending the remaining US$121M of our current on-market share buy-back program and lowering FY20 sustaining capital expenditure guidance, including equity... |
Eskom agrees temporary coal price with South32 which targets sale of SAEC by December
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[Ferro-Alloys.com] SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but the onset of the COVID-19 pandemic had delayed a review of the South African manganese smelt... |
US Steel idling Keewatin Taconite Plant
Keetac can produce about 6 million net st of iron ore pellets each year. |
Indian Steel Demand Likely to slip by 14-25% in 2020-21 - Crisil
On a quarterly basis, steel demand would be a washout in the first quarter of this fiscal, given the pan-India lockdown that would hurt construction. |
Pakistan’s International Steel Reports 72% Dip in 9 Month Profit
Pakistan’s International Steels profit plunged 72% to PKR 655.6 million in the nine month period ended March 31, 2020. |
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