Global insight
LME scrap volumes dip slightly on week, rebar contract remains in contango
Weekly LME scrap futures trading volumes in the week to Aug. 1 fell slightly to 242,150 mt, down from 352,220 mt recorded in the week to July 25. |
Hoa Phat to deliver 2,000 containers to German container shipping company
Steel giant Hoa Phat Group on July 29 signed a contract to supply 2,000 20DC containers to Hapag-Lloyd. |
Calcium Metal Market Performance Weekly(July.29-August.2)
Recently, the market price of calcium metal is weak. |
Steel giant sees first demand ‘green shoots’ in years as GNU prioritises infrastructure and localisation
Steel producer ArcelorMittal South Africa (AMSA), which has been bemoaning weak domestic demand conditions for several years |
Bushveld reports production for the first half of this year
Bushveld reports production for the first half of this year |
Simandou Project will revolutionize the global iron ore market
Guinea's giant Simandou iron ore project is expected to start exporting within two years. The project is expected to make a significant contribution to the world's decarbonization efforts. |
Merafe’s ferrochrome output 17% down on smelter hold-back in unfavourable market
Ferrochrome production attributable to the Johannesburg Stock Exchange-listed Merafe Resources from the Glencore Merafe Chrome Venture for the six months to June 30 was a 17%-lower 154 000 t compared with the same period in 2023. |
OMH: Production output for the quarter ended 30 June 2024
OMH: Production output for the quarter ended 30 June 2024 |
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