As steel market demand remained weak, Chinese ferroalloy output fell in October. It was reported that Chinese October ferroalloy output was 3.0394 million tons, down by 8.28% month on month, down by 9.48% year on year.
North China’s Shanxi province released a three-year plan for the steel industry, in accordance with restructuring, green and innovation-driven principles.
[Ferro-Alloys.com] Guangxi Yinyi Science and Technology Mine Metallurgy Co, Ltd, with a capacity of 20,000t electrolytic nickel, expected to produce 15,000t electrolytic nickel in 2015 compared to 11,000t last year.
The spot price of iron ore fines 62% to China is being offering at US$50.03/ton, dropping by US$0.85/ton or 1.67% from the previous price.
The average price of iron ore was US$53.31/ton in the month.
Meanwhile, the China Iron Ore Price Index (CIOPI) de...
It’s said that Jinchuan Group has been approved to set up a joint venture with Trafigura to build a seaport in Southwesten Guangxi province in order to cut costs of importing raw materials.
China's imports of manganese ore and concentrate from South Africa totaled 4.97 million mt over January-September, up 15% year on year, data released Friday by the General Administration of Customs showed.