Global insight

China Removes 3% Duty on Australian Coking Coal Imports after FTA Inked

Australian coking coal producers have regained their competitive advantage after a Free Trade Agreement inked between China and Australia in Brisbane on the afternoon of Nov 17th saw the immediate removal of the 3% duty on coking coal imports.

Tuesday, November 18, 2014

China-Australia Trade Deal to Officially Scrap 8% Duty on Alumina Imports

China will officially drop the 8% duty on Australian alumina imports, which has not been applied in recent years in any case, under the landmark Free Trade Agreement between the two countries announced Monday.

Tuesday, November 18, 2014

Brazil's Vale Narrows Nov Term Discount for SSFT, SSFG Iron Ore Fines: Customers

Brazilian mining giant Vale, currently the world's largest producer of iron ore, has narrowed the discount for its November-loading main Southern System iron ore products to $4/dmt from October's $4.70/dmt discount.

Friday, November 14, 2014

Iron ore mine closures may lead to $70 floor price, ANZ says

Iron ore mines in China will close down should prices drop toward $70 a metric ton, potentially creating a base for prices of the steel-making raw material, according to Australia & New Zealand Banking Group Ltd.

Friday, November 14, 2014

Ukraine Ferroalloy Producer NFP Boosts October Output Sharply to 66,500 mt

Ukraine's Nikopol Ferroalloy Plant, the country's biggest ferroalloy producer, increased October output sharply to 66,500 metric tons from 28,000 mt produced in October 2013, UkrFa, an association of Ukrainian ferroalloy producers, said Wednesday.

Thursday, November 13, 2014

Judge to hear case to block silicon metal plant

JACKSON, MISS. — A federal judge has given opponents of a silicon metal plant in Mississippi's northeast corner a chance to make their case in court.

Wednesday, November 12, 2014

Hudhud-hit Ferro Alloys Unit Bounces Back

Hudhud-hit Ferro Alloys Unit Bounces Back

Wednesday, November 12, 2014

Tata Steel Q2 Net Seen Down 35%, EBITDA May Rise 10%

Private steel maker Tata Steel is expected to report a 35.3 percent decline in consolidation profit after tax at Rs 593 crore in July-September quarter compared to Rs 917 crore in the year-ago period due to higher tax rate, according to the average of estimat...

Wednesday, November 12, 2014
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