Conducting negotiations with international investors for the sale of Kümaş Manyezit Sanayi AŞ, Yıldız Holding made a statement to London Stock Exchange (LSE) announcing the signing of an exclusivity agreement with the Australian company RHI Magnesita. The statement made by RHI Magnesita to LSE was as follows:”As announced previously, the Company continues to consider a …
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Jun 03
Andalusite edges towards market stabilisation
Improved production in most mining areas is prompting hopes that andalusite supply tightness may ease in the near to mid term, but prices are expected to stay firm due to strong end markets.
May 27
It’s a good time to be making steel
Section 232, a provision not known to many in the past, has been the topic of heated discussions in US political and industry circles since the administration of President Donald Trump imposed tariffs under that Section on steel and aluminium imports into the country.
May 20
Hydro Q4 alumina output could fall 4% after Alunorte shutdown
The six-day shutdown at Hydro’s Alunorte refinery has hit the company’s alumina output. The shutdown of Brazilian alumina refinery Alunorte for a few days in October could bring its production volume down by 20,000-30,000 tonnes in the fourth quarter, according to Eivind Kallevik, chief financial officer of the unit’s owner, Norsk Hydro. Hydro produced 821,000 …
May 13
Environmental regulations are keeping Chinese prices for refractory materials high, but demand is also on the rise.
Increasing demand for refractory materials pushed China’s refractories output up to 9.45 million tonnes in the first half of 2018. Magnesia and graphite prices remained firm because of the knock-on effects of environmental regulations. China’s total output of refractory materials was 9.45 million tonnes in the first half of the year, up by 4.80% year-on-year, …
