Industry News

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...

Since the price of ferrosilicon rose by US$30-50 last week, the market price has been relatively stable in the past two days.
Since the price of ferrosilicon rose by US$30-50 last week, the market price has been relatively stable in the past two days.
Nov 18, 2022

However, affected by the recent epidemic, heating and coal storage and other factors, the price of coke, one of the raw materials for ferrosilicon production, has risen. Combined with the trend of the...

Xi reiterates China's resolve to open up at high standard
Xi reiterates China's resolve to open up at high standard
Nov 17, 2022

Chinese President Xi Jinping Wednesday reiterated that China's resolve to open up at a high standard will not change, and the door of China will open still wider to the world.Xi made the remarks when...

Port Hedland manganese ore shipment data for October
Port Hedland manganese ore shipment data for October
Nov 16, 2022

According to monthly data released by the Port Hedland Authority, in October, manganese ore shipments from the Port of Hedland in Australia increased by 59.4% month-on-month and fell 35.4% year-on-ye...

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