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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. |
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... |
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. |
Toro Energy digs horns deeper into Dusty Nickel Project in WA
Toro Energy digs horns deeper into Dusty Nickel Project in WA |
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. |
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. |
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 |
Exports in May 2023: -0.1% on April 2023
Exports in May 2023: -0.1% on April 2023 |
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![]() | Merafe reports 95% y/y drop in ferro |
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