Fortescue Soars 5% As Miner Eyes Low Cost Iron Ore

[www.ferro-alloys.com]Fortescue Metals Group (FMG.AU) is up more than 5% in early Sydney trading after unveiling its June quarter production results, which underlined the miner’s impressive efforts to drive down costs in an environment of low iron ore prices.

Wednesday, July 27, 2016

Krakatau Steel to Finally Start Construction of Hot Strip Mill

[www.ferro-alloys.com]After several delays, state steel maker Krakatau Steel (KS) has finally scheduled the groundbreaking of a US$400 million hot strip mill in Cilegon, Banten, for August.

Tuesday, July 26, 2016

China Sends Environmental Teams to Inspect Steel Mill Pollution

[www.ferro-alloys.com] China has ordered special teams to begin inspecting steel mills across the country to see how well they are complying with tough new pollution rules, its environment ministry said on Monday.

Tuesday, July 26, 2016

Liaoning Steps in With Rescue Plan for Dongbei Special Steel

[www.ferro-alloys.com]The government of Northeast China's Liaoning Province has submitted a plan to the central government under which a troubled local steel mill would swap 70 percent of its debt into equity, with the banks that extended the loans being conve...

Wednesday, July 20, 2016

Iron Ore Surges Past $55 as Rio Tinto Exits Simandou

[www.ferro-alloys.com]The two events may not be directly connected, but it's likely that Rio Tinto's (NYSE, LSE: RIO) decision to shelve its huge Simandou iron ore project in Guinea bid up the price today.

Wednesday, July 6, 2016

China Rock Hit Smugglers of Ferro silicon

China is ferro silicon main producer and exporter in the world. but the situation is changed since 2007...

Monday, July 4, 2016

China Customs Seized Smuggled More Than 120,000 Tons of Ferrosilicon, Involved In the Case Value of RMB720 Million

[Ferro-Alloys.com] China is the world's main producer and a major supplier of ferrosilicon. To reduce the effects of ferrosilicon production on resources and the environment since 2005, ferrosilicon exports in China, subject to strict export license management...

Friday, July 1, 2016

Dalian Iron Ore Firm, But Off 7-Week Highs As Steel Steadies

Chinese iron ore futures rose on Wednesday, touching a fresh seven-week peak before coming off their highs, as steel prices stabilised after recent gains and high port stocks pointed to ample supply.

Thursday, June 30, 2016
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