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A leading supplier of metallurgical consumables to the iron, steel and aluminium industries.
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Recent Posts
- New Portable ATAS Units Available for Foundries
- Asmet to Exhibit at Foundry Workshop UK 2012
- Success for Asmet Team in Foundry Quiz
- Indian Ferro Alloys Producers Association Calls for Changes in Customs Duties
- Russian Car Sales Leap 20% in January
Archive
News
India's Ministry of Commerce has raised the export duty on iron ore to 30% effective from December 30th 2011, a 50 % rise from the previous 20%.
The Eurasian Natural Resource Company (ENRC) emerged victorious at the end of 2011 when the European Court ruled that the European Commission had overstepped its authority in imposing a 6.5% anti dumping duty on imports of Silico Manganese from Kazakhstan.
The UK produced 136,111 cars in November a 8.5% year on year increase, with 90% destined for export. Commercial vehicle production rose 2.2pc and engine production also increased 1.7pc year-on-year.
The Japan Automobile Dealers Association (JADA) has reported that car sales increased by 24.1 percent year on year in November, the third straight month of increase.
Ferro Silicon Prices within China have risen in response to last weeks increase in energy tariffs of approximately 0.03 yuan per kWh.
The Indian Union Ministry of Mines has amended the Proposals for the Mines and Minerals Development and Regulation Bill 2011 to include stiff penalties to combat the major problem of illegal mining.
Smaller scale Zimbabwean Chrome ore miners have joined Zim Alloys in lobbying the government to lift the export ban on Chrome ore, because they do not have the sufficient smelting capacity or access to capital to develop new smelters.
Production of Ferro Silicon has been halted at Globe Specialty Metals Inc plant in Bridgeport, Alabama, USA. No one was hurt in the accident but production is not expected to restart until mid to late January 2012.
The driest November in 10 years has caused extremely low water levels in Germany's river and canal systems. Water levels on the Rhine have fallen to less than a metre in places and ship owners are refusing to sail on the German stretch of the Danube for safety reasons.
In response to tight power supplies and slowing inflation, China's National Development and Reform Commission (NDRC) has increased business's electricity prices effective 1st December 2011 by up to 0.03 yuan per kWh.
