OMC has adjusted the base price marginally for its forthcoming auction of 56,000 t of chrome ore from South Kaliapani and Sukrangi mines on 19 Feb'24.

Prices of Indian imported manganese ore Mn: 37-46% remained consistent.

On 16 February, Indian ferro chrome (HC 60%, Si:4%) prices stayed stable showing a slight decrease.

Spot electricity prices in the day-ahead market at the Indian Energy Exchange (IEX) fell by 8%.

AISI: US Raw Steel Production in the week ending on February 10, 2024.

Western Australia said on Saturday it would offer royalty relief to nickel producers in a bid to buoy the struggling industry.

The Koniambo Nickel SAS (KNS), a joint venture (JV) between Société Minière du Sud Pacifique SA and Glencore in New Caledonia, will transition into care and maintenance, it was announced on Monday.

Indonesia and Vale Base Metals have concluded negotiations and agreed to a price for the portion of shares the miner will sell in its Indonesian unit, the mining minister said on Friday.