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Cored Wires: Slow Payment from Steel Mills Add to Pressure for Producers

As steel mills adjusted down purchase price and pays slow, it posed threat for cash flow of cored wires producers, their pressure surged.

Friday, August 14, 2015

China Exported 203mt APT in June,2015, down 21.6% Y-o-Y

[Ferro-Alloys.com]In June, 2015, China exported 203mt APT, down 21.6% Y-o-Y(259mt) and 17.4% M-o-M(246mt).

Friday, August 14, 2015

Influence of RMB Exchange Rate Fluctuations on Imported Mn Ore in China

[Ferro-Alloys.com] People who do not often have a cold can be severe once they catch cold, by the same token, not often sharp fluctuation in the RMB exchange in the past several days set off a tidal wave. From 11th August to 13th August, the RMB devaluation fr...

Friday, August 14, 2015

CaSi Export Market Probably Affected by RMB depreciation

Chinese calcium silicon market kept gloom with ex-work prices at RMB9,000/mt and RMB8,800/mt for CaSi30# and CaSi28#. The export market mainly was affected by the wide RMB depreciation recently.

Friday, August 14, 2015

Vale Announces to Begin Nickel Mine Project in Canada Voisey's Bay in Next Year

Recently, the Government of Newfoundland and Labrador approved Vale’s nickel mine project located at Voisey's Bay in Canada, and the project will be officially launched next year.

Friday, August 14, 2015

France Primarily Steel and Ferroalloy Exports Reached 4.83 Billion Euros in H1

According to France Ministry of economic, financial and statistical data showed that France primarily steel and Ferroalloy exports reached 4.83 billion euros in H1 of the year, down slightly 0.21% year on year.

Thursday, August 13, 2015

CRA Targeting Mining-Sector Tax Havens

Canadian corporations that use tax havens like Switzerland and the Cayman Islands to reduce the taxes they pay at home have good reason to worry.

Thursday, August 13, 2015

Nickel, Copper, Aluminum Hit Six-year Lows on Weaker Yuan

Nickel, copper and aluminum hit six-year lows on Wednesday after China allowed the yuan to weaken further, prompting fears that metals demand from the world’s top buyer would wither and sending nickel down 15 per cent before prices recovered.

Thursday, August 13, 2015
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