Chinese Mg Ingot Producers Showed Unwillingness to Continue Lowering Quotations in China

China, the world' s leading coal producer and consumer, is to levy resource tax on coal on the basis of sales instead of production from Dec. 1, in a move to shore up the dim industry and improve the deteriorating environment.

Economic interests have outweighed, if not eliminated, old grudges in East Asia. China, Japan and South Korea negotiated again in Tokyo last week for a trilateral free trade agreement. There were no concrete results this round, but Sun Yuanjiang, chief negotia...

[Ferro-Alloy.com]Most of China’s steel mills have raised their December purchasing prices for high carbon ferrochrome, which released the downtrend pressure of chrome ores. Currently, the prices for most chrome ores remained stable.

The new coal emerging from Glencore’s on-time, 85%-complete, R8.213-billion Tweefontein Optimisation Project (TOP) is coming in under budget.

[Ferro-Alloys.com]As most steel mills raised their purchasing prices of ferrochrome for December, 2014, the domestic ferrochrome prices started to rebound. Meanwhile, the supply remained a little tight and there were purchasers awaiting to make orders from the...

According to the statistics of Korea Customs, Korea’s ferroalloy import volume was 88,201 mt in October 2014, down by 4.3% M-O-M and down by 11.9% Y-O-Y. The import sources and volumes were as the followings, South Africa, 21,125 mt; China, 18,700 mt; India, ...

[Ferro-Alloys.com]In October, 2014, China exported 279mt vanadium pent oxide, down 20.5% M-o-M (351mt) and 21% Y-o-Y (354mt).