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Weekly Report of Ferrosilicon Market (Aug 14-18, 2023)

However, the downstream side was still in the off-season, with low willingness to compromise and there was a strong sense of game between the two sides.

Friday, August 18, 2023

Russia to expand cooperation in geological exploration with African countries

Russia to expand cooperation in geological exploration with African countries

Friday, August 18, 2023

Nava shares trade down after accident halts production at Odisha plant

Shares of ferro alloys manufacturer Nava Ltd traded down 2.9 percent at Rs 395.20 at 10:03am on August 17 after the company halted production of silico manganese at its Odisha plant because of an accident.

Thursday, August 17, 2023

Brazilian crude steel production declines in May

Brazil produced 2.8 million mt of crude steel in May, 5.5 percent less than in May 2022, according to the country's steel institute lABr.

Thursday, August 17, 2023

Ferrosilicon Futures close at 6842 on August 17, down 0.09%

The 2310 ferrosilicon contract price on ZCE closed at 6842 yuan per ton on August 17.

Thursday, August 17, 2023

GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Thursday, August 17, 2023

Teck and Norden team up to reduce carbon emissions

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ...

Thursday, August 17, 2023

Demand for Fortescue’s products strong: FMG chief financial officer

Demand for Fortescue’s products has remained strong all year. This is the result of steel mill profitability as well as the consistent quality of delivered product and the low variability of Fortescue ores.

Thursday, August 17, 2023
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