February 2015

Assmang will stop Machadodorp alloy production, plans retrenchment at Black Rock mine

Assmang will stop producing manganese alloy at its Machadodorp furnace in April and has notified unions that it plans staff retrenchment at its Black Rock mine.

Vale’s manganese ore and ferro-alloys production fall in 2014

Vale’s manganese ore and ferro-alloys production fell year-on-year in 2014, the Brazilian miner said on Thursday February 19.

PRICING NOTICE: Proposed changes to Metal Bulletin’s manganese ore indices

Metal Bulletin is proposing some changes to its manganese ore indices, due to demand for additional regional references and changes to the chemical specification of the bulk of traded material.

CLOSE TO CLOSE: Copper recovers on Greek debt resolution hopes

Copper prices staged a recovery in kerb trading on the London Metal Exchange on Wednesday February 18, on hopes that negotiations over Greek debt will reach a resolution.

Indian SiMn prices fall on poor demand, weaker manganese ore

Indian silico-manganese prices fell this week, on the back of low demand and a drop in raw material costs, sources told Metal Bulletin.

MANGANESE ORE INDEX: Miners still cutting offer prices as demand worsens

Manganese ore prices plummeted on Friday February 13 as miners cut offers further amid worsening demand in China.

WEEK AHEAD : Bulk alloys in China

Bulk alloy markets have been very quiet ahead of the Chinese New Year, although spot prices were down last week from the previous week on poor Chinese steel demand.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday February 13:

ASIAN MORNING BRIEF: Key moves and news for February 12

Good morning from Metal Bulletin’s London office, here are the key stories and price moves to get your day off to a good start on Thursday February 12.

MINING INDABA 2015: ARM reviewing Lubambe copper project

South African black-owned commodity firm African Rainbow Minerals (ARM) reviewing its Zambian copper operations while the market environment remains challenging, according to ceo Mike Schmidt.