Iron ore: China’s steel mills are preparing for easing of production cuts
Rumour that China’s steel mills are preparing for an easing of production cuts as soon as next month sent iron
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Ferrous Metals
Nickel market expected to grow to a 59 kt surplus
In 2022, nickel market is expected to swing to a 59 kt surplus in the base case scenario, mostly in
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Tata Steel to lift iron ore production to 45 million tpa in 5 yrs
Tata Steel will focus on augmenting iron ore production from 30 million tonnes per annum to 45 MTPA in the
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Baosteel unveils plan to build steel plate plant with Saudi Aramco
Baoshan Iron and Steel, the Chinese state-owned metals giant, known as Baosteel, has said it will build a world-class integrated
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October 2021 crude steel production shows 10.6% decline
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 145.7 million tonnes (Mt)
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Partners to build direct reduction test plant with hydrogen
Hydrogen will play a key role on the path towards decarbonising the steel industry. But how can the energy source
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Tharisa extends the life of mine by an additional 7 years to 2041
Tharisa, the platinum group metals (PGMs) and chrome co-producer, announces an extension of the open pit Life of Mine (LOM)
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STEELMAKING: Developing economies short range outlook for 2021/2022
Steel demand in the developing economies excluding China continued to recover in 2021, aided by the recovery in commodity prices
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Worldsteel short-range outlook for developed economies in 2021-2022
More targeted and localised lockdowns helped to minimise the impact of the latest infection waves on economic activities in developed
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China steel industry short range outlook – NEGATIVE
The Chinese economy sustained its strong recovery momentum from 2020 into the early part of 2021. However, it has slowed
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Sibanye-Stillwater acquires Sandouville nickel hydrometallurgical plant
JOHANNESBURG – Sibanye-Stillwater has announced that following the signing of the exclusive Put Option Agreement, which was announced on 30
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Partnering with Bahrain Steel for sustainable steel
Steelmaking is considered one of the most energy-intensive industries in the world, with long-term, mutually beneficial relationships key to tackling
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BHP: Total iron ore production decreased by four percent
BHP, in its Operational Review for the quarter says total iron ore production decreased by four percent to 63 Mt.
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September 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 144.4
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Kumba total production increases by 11% in Q3 2021
Production increased to 10.8 Mt, while equipment breakdown at Saldanha Port and weather disruptions affecting ship movements at the port
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Tharisa reports enthusiastically on PGM and chromium markets
PAPHOS, Cyprus – “While the PGM basket price increased by over 80% on an annual basis, this was somewhat dampened
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worldsteel short range outlook for 2021 and 2022
The World Steel Association (worldsteel) has released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel
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Tharisa reports best quarterly production in the history of its mine
PAPHOS, Cyprus – Tharisa in the fourth quarter of its financial year delivered the highest production of PGMs and chrome
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Eti Krom to use solar energy for HC ferrochrome production
Yildirim Group, which owns chromium ore and HC ferrochrome assets in four countries (Turkey, Kazakhstan, Sweden and Russia) announced its
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Tharisa cold-commissions Vulcan Fine Chrome Beneficiation Plant
Tharisa, the platinum group metals (PGMs) and chrome co-producer dual-listed on the Johannesburg and London stock exchanges, today announces that
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Ferro-Alloy Resources produces of ferro-molybdenum and V2O5
Ferro-Alloy Resources Limited, the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, has announced it
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Low-cost vanadium producer emerging in Kazakhstan
The Ferro-Alloy Resources Group (“FAR”) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore
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Bauba Resources rises capital and reviews its results for the year
JOHANNESBURG – Bauba intends to raise an amount of R33 883 881.02 by way of a renounceable claw-back offer pursuant
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Zimasco to build new ferrochrome furnaces at its Kwekwe complex
On 19 September 2021, Zimasco, (owned by China’s Sinosteel Corp.) announced that it will invest US$35Million in new ferrochrome furnaces at
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August 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.8
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Fluctuations in nickel prices make stainless steel makers nervous
LME nickel price hit a 7-year high to US$20,500/ton last week due to supply shortage, greatly boosting the stainless steel
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Tata to convert its polluting steelplant to hydrogen technology
Tata Steel on Wednesday said it would convert its heavily polluting steel mill in the Netherlands to a cleaner one
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ArcelorMittal SA appoints interim chief financial officer
Vanderbijlpark – Further to the announcement released on 4 May 2021 informing shareholders of Mr Desmond Maharaj’s resignation from ArcelorMittal
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Imbalance between steel supply and demand will stabilize in 2022
The outlook for the global metals and mining industry has been changed from positive to stable, Moody’s Investors Service says
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Bauba Resources: Changes to the Board of Directors AGAIN!
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Bauba (“the
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