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Cored Wires:Some Companies Halt Their Productions and Wait for Change

Profits for cored wires are fast dropping. Some enterprises are operating under capacity and cut their outputs, shifting focus to other businesses.

Wednesday, August 5, 2015

Philippine to Mine Nickel until Year End with Help from EI Nino

Philippine nickel miners, hit by a slump in prices, may have found an unexpected ally in the El Nino. They are betting the dryness linked to the weather event will let them mine until year end instead of typically shutting due to seasonal rains.

Wednesday, August 5, 2015

HBIS Settled August Purchase On SiMn and HC FeMn

[Ferro-Alloys.com]It is said that the biggest silicon manganese purchaser, Hebei Iron and Steel eventually settled August bidding on silicon manganese and high carbon ferromanganese 65.

Wednesday, August 5, 2015

Japan Imported 3,352.104mt Mn & Articles Thereof, Including Waste & Scrap from China in May

In May, Japan imported Mn & articles thereof, including waste & scrap totally about 3,983.068mt, imports’ value was about 1,029,660,000yen. Among them, it imported 3,352.104mt from China, accounting for about 84.16% of the total imports. And then was South Af...

Tuesday, August 4, 2015

Nickel Declines by 0.1% on Subdued Demand

Nickel prices softened by 0.14% to Rs 692.90 per kg in futures market today as speculators trimmed positions amidst low demand from alloy makers in the spot market.

Tuesday, August 4, 2015

Japan Imported 4,824.797mt Mn & Articles Thereof, Including Waste & Scrap from China in June

In June, Japan imported Mn & articles thereof, including waste & scrap totally about 5,679.405mt, imports’ value was about 1,394,055,000yen. Among them, it imported 4824.797mt from China, accounting for about 84.95% of the total imports. And then was South Af...

Tuesday, August 4, 2015

Japan’s Ferrosilicon Import Dropped by 4.6% in H1 of 2015

According to the statistics of Japan, Japan’s ferrosilicon(Si>55%) import volume was 31,763 mt in Jun 2015, down by 18.7% M-O-M and down by 40% Y-O-Y. The total import volume in H1 of 2015 was 225,950 mt, decreasing down by 4.6% Y-O-Y. The materials were main...

Tuesday, August 4, 2015

SocGen Says Miners’ Output Costs Have Dropped More than Expected

Miners’ output costs have dropped more than industry consensus due to lower energy prices and weak emerging market currencies, a report by Societe Generale showed, suggesting metals prices have further to fall before miners are forced out of business.

Tuesday, August 4, 2015
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