Vesuvius expects 18% rise in FY earnings
By William Clarke, Fastmarkets IM The refractories producer issued an upbeat forecast thanks to rising global steel production.
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RHI Magnesita reports strong refractories demand
By William Clarke, Fastmarkets IM In a trading update the company attributed its strong performance in the third quarter to increased refractory demand, adding it is protected from high raw materials prices in China due to its integrated business model. Refractories producer RHI Magnesita is benefiting from rising raw material prices, due to strong end-user …
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Price Briefing: October 26 – November 1
By IM Staff, Fastmarkets IM China’s daily crude steel output dips in mid-October, Magnesia prices firm as China launches a new environmental inspections, China’s crude stainless steel output up 8.5% in January-September, Market tightness reflected in rise in European soda ash contract price, PRICING NOTICE: Proposal to discontinue one soda ash price, Bottom end of …
China’s daily crude steel output dips in mid-October
By Jessica Zong, Fastmarkets IM Major Chinese steel mills cut their crude steel output mildly in the middle of October, while their finished steel inventories continued to rise. Click here to view the full article.
Magnesia prices firm as China launches a new environmental inspections
By Carrie Shi, Fastmarkets IM China’s government has begun a new round of environmental inspections of heavy industries. Magnesia prices are expected to stay firm while the main production centres in Liaoning are included in the inspections. China’s central government has launched a new round of strict environmental inspections of heavy industries in provinces including …
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Thessally Resources looking to revive magnesite project in the Northern Territory
By Matt Bran, ABC Rural A resources company has begun a pre-feasibility study into reviving a magnesite mine in the Northern Territory and exporting material through Darwin port. Thessally Resources owns the Huandot magnesite deposit near Batchelor, 80 kilometres south of Darwin. Space to play or pause, M to mute, left and right arrows to …
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