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UK Steel: UK steel producers face higher electricity prices than competitors

The UK-based trade association UK Steel has published a report that examines current electricity prices faced by steelmakers in the UK, France, and Germany, and sets out four recommendations to deliver competitive electricity prices for the UK steel industry.

Thursday, November 16, 2023

Iron-ore hits $130 for first time since March on China stimulus

Iron-ore futures in Singapore touched $130 a ton for the first time since March on improving demand for steel in China, which is considering a new wave of stimulus to shore up the struggling property sector

Thursday, November 16, 2023

Eramet Expects its Manganese Output in Gabon to Hit Record High in 2024

Comilog, a subsidiary of France's Eramet, expects its manganese output in Gabon to hit a record high of 8.5 million metric tons in 2024.

Wednesday, November 15, 2023

PT Krakatau Steel commissions the SMS group with the modernization of the hot strip mill no.1

PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones...

Tuesday, November 14, 2023

Vale to sell 14% stake in Indonesia unit

Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.

Monday, November 13, 2023

Eastplats’ financial performance improves

Eastplats continues to produce chrome concentrate from its retreatment project, and has also started blasting operations at CRM, which initiated the soft restart of the Zandfontein underground section.

Monday, November 13, 2023

Zimbabwe’s dollar bourse plans commodity, electricity exchange

Zimbabwe’s bourse in the resort city of Victoria Falls plans to start a commodity and electricity exchange in the first quarter of next year, its chief executive officer said.

Friday, November 10, 2023

South Africa's mining production down 1.9% y/y, mineral sales down 20.2% y/y in Sept

Manganese ore production decreased by 5.6%, contributing -0.4 of a percentage point to the overall figure.

Friday, November 10, 2023
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