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Ferro-alloys futures a hedging tool for steelmakers

With the rapid development of ferro-alloys futures trading, Chinese steelmakers are increasingly using the newly-introduced futures-spot basis pricing pattern to hedge risk, according to Hao Zhu.

Thursday, July 6, 2023

Climate change presents ‘once-in-a-century’ opportunity for commodities traders: TELF

In a highly energy-intensive and carbon-generative industry like ferro-chrome, producers naturally have a growing focus on their energy usage and emission levels and what they can do to mitigate them, especially while end users increasingly look to solidify th...

Thursday, July 6, 2023

AISI: US Raw Steel Production in the week ending on July 1, 2023

Broken down by districts, here’s production for the week ending July 1, 2023 in thousands of net tons: North East: 137; Great Lakes: 563; Midwest: 215; Southern: 758 and Western: 67 for a total of 1740.

Thursday, July 6, 2023

Toro Energy digs horns deeper into Dusty Nickel Project in WA

Toro Energy digs horns deeper into Dusty Nickel Project in WA

Wednesday, July 5, 2023

Ferrosilicon Futures close at 6984 on July 5, down 0.77%

The 2306 ferrosilicon contract price on ZCE closed at 6984 yuan per ton on July 5.

Wednesday, July 5, 2023

Glencore offers to buy rest of PolyMet for $71m

Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million.

Wednesday, July 5, 2023

Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition

Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition

Wednesday, July 5, 2023

Exports in May 2023: -0.1% on April 2023

Exports in May 2023: -0.1% on April 2023

Wednesday, July 5, 2023
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