Company's locomotive components now meet strictest quality standards in the world, granting it access to every market.

Aussie firm plans RM1bil plant in Sarawak

Ferro-silicon prices have lately consolidated at €2,450-2,600/t ddp, down by 38pc since early May.

European high-carbon ferro-manganese prices were assessed down at €1,250-1,425/t ddp on 5 July, while silico-manganese sat at a marginal discount of €1,250-1,400/t ddp.

European high-carbon ferro-manganese prices were assessed down at €1,250-1,425/t ddp on 5 July, while silico-manganese sat at a marginal discount of €1,250-1,400/t ddp.

Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market.

Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market.

¡°We don¡¯t expect this to drag on much longer than a couple of months,¡± he anticipated.