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Ores

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

Coronavirus likely to cause drastic price falls – Menar

[Ferro-Alloys.com] The reduction in the consumption of mined products that the coronavirus was causing would likely result in a drastic fall in prices, Menar MD Vuslat Bayo?lu said on Monday.

Tuesday, March 10, 2020

Assore unveils R7.8bn offer to minorities in bid to end 70 years as JSE-listed firm

[Ferro-Alloys.com] ASSORE is to bring the curtain down on 70 years as a publicly listed company announcing today a R7.8bn buy-back of shares held by minority shareholders – a historic moment for the bulk minerals firm motivated by the low level of liquidity ...

Tuesday, March 10, 2020

Shanghai rebar futures end higher on more stimulus hopes

[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories.

Friday, March 6, 2020

China Baowu’s crude steel output world’s largest in 2019

[Ferro-Alloys.com] Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world’s largest producer of crude steel in 2019.

Friday, March 6, 2020
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