Vale S. A provided production guidance for the year 2023, 2024, 2026 and 2030+.

Russian mining and metals giant Nornickel has raised its global nickel surplus estimate for the current year due to lower than expected consumption in the battery sector, the company said in a market report.

The current market scenario is expected to remain same for some time reflecting soft demand of Ferro Alloys against minimum production of steel in the market. On the other hand, selling price is lower than the costing of Ferro Alloys due to high production c...

In November, HBIS Group tendered 1863 tons of 75B ferrosilicon, a decrease of 1447 tons compared to October.

Steel tender prices continued to decline; The metal magnesium market was also relatively weak, with difficult demand releasing, and the market sentiment was relatively low.

Glencore announced on Monday it has reduced its nickel production guidance for this year by 9% to approximately 102,000 metric tons due to maintenance and strikes.

With robust signs from the realty and construction sectors, the steel market will recover soon, he added.

Downstream support was insufficient, and the speed of ferrosilicon shipment has slowed down, leading to a growing cautious wait-and-see sentiment.