Tata Steel Set for Trade Union Talks in UK

[www.ferro-alloys.com] Indian steel giant Tata Steel is set for what are believed to be crunch talks with trade union representatives of its UK steelworks to settle the deadlock over a 15-billion-pound pension scheme for its workers, the main obstacle in its...

Monday, September 26, 2016

Chinese Coal Companies to Boost Thermal Coal Output to Placate Steel Mills

[www.ferro-alloys.com] The meteoric rise in coking coal prices over the last couple of months has had a painful effect on China's steel producers, who are having to pay a lot more for coking coal, a key ingredient in steel production. The cost inflation gave r...

Monday, September 26, 2016

DTI Seeks Duterte’s Endorsement for P7.2-B Rolling Steel-Mill Project

[www.ferro-alloys.com] The Department of Trade and Industry (DTI) is appealing to President Duterte to give the green light to the P7.2-billion rolling steel mill project in Bulacan to revive the country’s flagging iron and steel industry.

Monday, September 26, 2016

K Line, The Next Takeover Target?

[www.ferro-alloys.com] According to a FT report, analysts and investors have been baffled by the recent activities of Effissimo, Singapore-based fund had increased its stake in K Line to 37 per cent by early August from 6.2 per cent about a year ago.

Thursday, September 22, 2016

Overcoming the Second Major Steel Crisis

[www.ferro-alloys.com] At the G20 Summit in Hangzhou, some world leaders criticized China for its steel overcapacity. Before the summit, U.S. lawmakers, and trade unions and associations had urged President Barack Obama to blame China's trade practices for U.S...

Monday, September 19, 2016

Iron, Steel Economic Zone to Spur Development

[www.ferro-alloys.com]President Lungu’s declaration of Kafue as an iron and steel economic zone is aimed at creating a platform for Zambia to achieve economic development by attracting significant domestic and foreign direct investment (FDI) through a strengt...

Monday, September 19, 2016

US Steel Mill Capability Utilization Falls Below 70%

[www.ferro-alloys.com]The US steel industry's capability utilization rate fell last week below 70% for the first time since the week ended January 30, American Iron and Steel Institute data showed Monday.

Wednesday, September 14, 2016

Weak Pound Buoys Tata Steel's UK Ops but Post-Brexit Worries Remain

[www.ferro-alloys.com]Benefits from the pound's depreciation and current restructuring not withstanding, India's largest private-sector steelmaker, Tata Steel, is still cautious about its U.K. operations and is carefully weighing its options. The Mumbai-based ...

Tuesday, September 13, 2016
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