Industry News

99.7 Manganese Prices at Nov
99.7 Manganese Prices at Nov
Dec 06, 2022

The manganese 99.7 transaction prices fall to usd 2285-2355/ton, domestic market FOB prices still keep around USD2135-2150/ton, individual merchants keep in USD2100/mt. Overseas Steel mills bidding de...

The Indian government has scrapped a tax on steel exports
The Indian government has scrapped a tax on steel exports
Dec 05, 2022

In India, the government abolished the export tax on steel. Following the sharp rise in prices, the government of India on May 22, 2022 abolished the export duty on some iron ore, input and steel prod...

Changes in China's manganese ore imports from Malaysia
Changes in China's manganese ore imports from Malaysia
Dec 02, 2022

Since the outbreak of the epidemic in 2019, China's imports of Malaysian manganese ore have begun to decline year by year.The decline in manganese ore imports from Malaysia can also be attributed to i...

Indian steel mills likely to benefit from Australia FTA
Indian steel mills likely to benefit from Australia FTA
Dec 01, 2022

The steel industry will get a further leg-up post the Australian Parliament ratifying the bilateral free trade agreement with India early on Tuesday.Hainan West Asia spoke to several high-level steel...

 The Steel Producers of Mexican Express About FTA With South Korea
The Steel Producers of Mexican Express About FTA With South Korea
Nov 29, 2022

Mexican steel producers have expressed concern about a possible free trade agreement with South Korea. The trade agreement is aimed at promoting a free trade agreement between the two countries, as we...

Analysis of global market price of ferroalloy
Analysis of global market price of ferroalloy
Nov 28, 2022

According to the observation of West Asia Group, the market price of ferroalloy has dropped steadily since this week. On the whole, there is not much market demand throughout the winter, and most manu...

India's chrome ore shipments in September
India's chrome ore shipments in September
Nov 25, 2022

Overview: India's chrome ore shipments in September 2022 were 203,000 tons, an increase of 37.07% month-on-month. There are two reasons for the increase in domestic chromium ore demand in India, the f...

Molybdenum product prices in EU rise while FeV market stagnated
Molybdenum product prices in EU rise while FeV market stagnated
Nov 24, 2022

After falling for three weeks, molybdenum sellers managed to reverse this trend due to limited supply. Ferroniobium prices also rised due to reduced supply and increased demand from large consumers. H...

Indonesia Export Taxes On Nickel
Indonesia Export Taxes On Nickel
Nov 23, 2022

LME nickel prices rose sharply at November 14. Market rumored that the reason was due to an explosion at China's nickel plant in Indonesia and the Indonesian government going to levy export taxes on n...

India: MOIL posts 10% growth in manganese ore output in Apr-Sep'22
India: MOIL posts 10% growth in manganese ore output in Apr-Sep'22
Nov 21, 2022

India's largest manganese ore producer, Manganese Ore India Limited (MOIL), released its operational and financial results for the six months of FY23 (April-September).Operational resultsProduction up...

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