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Ores

Tata Steel’s TS Alloys bags Sukinda chrome mine in Odisha

[Ferro-Alloys.com] Bhubaneswar: TS Alloys, a subsidiary of Tata Steel Ltd, on Tuesday bagged the Sukinda chrome mine in the mining auction in Odisha.

Wednesday, March 18, 2020

India's February steel exports fall for first time in 8 months

[Ferro-Alloys.com] NEW DELHI (Reuters) - India's finished steel exports plunged 8% in February from a year earlier, their first decline in eight months, government data showed, as demand from traditional buyers in Europe and South East Asia contracted due to c...

Wednesday, March 18, 2020

Tata Steel arm bags the Sukinda chromite mine at 93.75% premium

[Ferro-Alloys.com] Tata Steel subsidiary TS Alloys has retained the mining rights for the 95.81-million tonne Sukinda chromite deposit in Odisha, people aware of the matter told ET.

Wednesday, March 18, 2020

ArcelorMittal, Nippon Steel sign $5.14 billion loan pact to refinance Essar Steel buy

[Ferro-Alloys.com] AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel...

Wednesday, March 18, 2020

Odisha to auction Sukinda Chrome mines today, Tata, JSW in race

[Ferro-Alloys.com] Bhubaneswar: Despite unprecedented lockdown due to the Coronavirus, Odisha government has decided to go ahead with the auction of two mining blocks as per the schedule. While the auction of Sukinda Cromite mines will be held today, the aucti...

Wednesday, March 18, 2020

South32 weighs up future of manganese alloy business

[Ferro-Alloys.com] South32 is reviewing the continuity of the Australian manganese alloy smelter, which could see their divestment, closure or suspension.

Wednesday, March 18, 2020

Resource exports to surge on the back of iron ore

[Ferro-Alloys.com] Australia’s resource and energy export earnings are forecast to hit a record of $299 billion in 2019–2020 despite the impact of the coronavirus outbreak.

Wednesday, March 18, 2020

South African mining production up 7.5% in January

[Ferro-Alloys.com] South African mining production increased by 7.5% year-on-year in January, Statistics South Africa’s data shows. This was the biggest year-on-year rise in mining output since November 2017 when production increased by 7.8%.

Wednesday, March 18, 2020
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