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Jun 17

A new 60-day production restriction started from 1st March

Mar. 05, 2019 – Local government in Sanmenxia, Zhengzhou, Henan Province, one of the main industrial districts for white fused alumina, brown fused alumina and other corundum minerals, announced a new round of production capacity restriction actions starting from 1st, March, lasting for 60 days. During this period, peak hour production restriction would be the …

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Jun 10

RHI Magnesita to Acquire Kümaş Manyezit AŞ

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 …

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