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Tata Steel Consolidated Net Profit up 37% on Land Sale in Q2

Tata Steel reported a consolidated net profit of Rs 1,254.33 crore for the quarter ended September 30, up 37% from Rs 916.77 crore profit in the same quarter last year, helped by a one-time gain from land sale. Sales fell 2% to Rs 35,503.25 crore during the qu...

Thursday, November 13, 2014

Chinese W Concentrates Price Slipped, and would Lingered Later

[Ferro-Alloys.com]Chinese W concentrates was offered at RMB90,000-91,000/mt (USD14,754-14,918/mt, export duty excluded).

Thursday, November 13, 2014

Chinese FeW Price Softened, as Steel Mills Bought Limited Volumes

[Ferro-Alloys.com]Chinese FeW was offered at RMB168,000-169,000/mt (USD27,540-27,704/mt, export duty excluded) by acceptance.

Thursday, November 13, 2014

Ferrochrome Plants to Resume their Production with the End of APEC

[Ferro-Alloys.com]Inner Mongolia is the largest area of China where over 60% of its ferrochrome is produced. Almost all the ferrochrome plants terminated their production in October 28, 2014-November 12, 2014 in order to make sure there would be no smog during...

Thursday, November 13, 2014

Exports of Russian FeSi Rose by 4.33% in January to August 2014

Exports of Russian FeSi Rose by 4.33% in January to August 2014

Thursday, November 13, 2014

High-grade Silicon Metal Would Kept Firm

High-grade silicon metal price would keep firm in late November. There were no spot materials for Si3303# and Si2202# in the market. And foreign aluminium alloy firms would come to buy Si3303# for next year. So high-grade silicon metal price would continue to ...

Thursday, November 13, 2014

BHP pulls Nickel West sale

BHP Billiton has given up trying to sell its struggling Nickel West business, declaring that an acceptable bid could not be found.

Thursday, November 13, 2014

Credit risk binds BHP to Nickel West

After shelving its sale of Nickel West, BHP Billiton will be forced to keep the troubled unit out of its $US15 billion spinoff of unwanted assets amid analyst predictions it would damage the new company's credit rating.

Thursday, November 13, 2014
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