Asmet | Newshttp://www.asmet.com/Asmet | NewsWed, 08 Feb 2012 00:00:00 +0000en-gbAsmet to Attend UK Commission for Employment and Skills Eventhttp://www.asmet.com/news/asmet-to-attend-uk-commission-for-employment-and-skills-eventhttp://www.asmet.com/news/asmet-to-attend-uk-commission-for-employment-and-skills-eventWed, 08 Feb 2012 00:00:00 +0000Asmet is pleased be participating in a UK Commission for Employment and Skills Event on Thursday 9th February at the Cutlers' Hall, Sheffield, UK.WTO Ruling Against China on Raw Materialshttp://www.asmet.com/news/wto-ruling-against-china-on-raw-materialshttp://www.asmet.com/news/wto-ruling-against-china-on-raw-materialsTue, 31 Jan 2012 00:00:00 +0000On 30th January 2012, the WHO upheld its findings in July 2011 that China had engaged in imposing export restrictions which were contrary to China's WTO Accession agreement and to the General Agreement on Tariffs and Trade (GATT).Asmet to Attend IFEX 2012 in India - 2nd to 3rd March 2012http://www.asmet.com/news/asmet-to-attend-ifex-2012-in-india-2nd-to-3rd-march-2012http://www.asmet.com/news/asmet-to-attend-ifex-2012-in-india-2nd-to-3rd-march-2012Thu, 19 Jan 2012 00:00:00 +0000Robert Parker from Asmet will be attending IFEX 2012 in Bangalore, India on 2nd and 3rd March 2012.India's Iron Ore Export Duties Increased Againhttp://www.asmet.com/news/indias-iron-ore-export-duties-increased-againhttp://www.asmet.com/news/indias-iron-ore-export-duties-increased-againTue, 03 Jan 2012 00:00:00 +0000India'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%.ENRC Anti Dumping Duty Victory on Silico Manganesehttp://www.asmet.com/news/enrc-anti-dumping-duty-victory-on-silico-manganesehttp://www.asmet.com/news/enrc-anti-dumping-duty-victory-on-silico-manganeseTue, 03 Jan 2012 00:00:00 +0000The 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.UK Car Production Increases by 8.5% in Novemberhttp://www.asmet.com/news/uk-car-production-increases-by-85-in-novemberhttp://www.asmet.com/news/uk-car-production-increases-by-85-in-novemberThu, 15 Dec 2011 00:00:00 +0000The 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.Japanese Automotive Sector on Upward Trendhttp://www.asmet.com/news/japanese-automotive-sector-on-upward-trendhttp://www.asmet.com/news/japanese-automotive-sector-on-upward-trendMon, 12 Dec 2011 00:00:00 +0000The 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.Chinese Ferro Silicon Prices Increase Due to Higher Power Priceshttp://www.asmet.com/news/chinese-ferro-silicon-prices-increase-due-to-higher-power-priceshttp://www.asmet.com/news/chinese-ferro-silicon-prices-increase-due-to-higher-power-pricesFri, 09 Dec 2011 00:00:00 +0000Ferro Silicon Prices within China have risen in response to last weeks increase in energy tariffs of approximately 0.03 yuan per kWh.New Indian Mining Regulations Promise to Get Tough on Illegal Mininghttp://www.asmet.com/news/new-indian-mining-regulations-promise-to-get-tough-on-illegal-mininghttp://www.asmet.com/news/new-indian-mining-regulations-promise-to-get-tough-on-illegal-miningFri, 09 Dec 2011 00:00:00 +0000The 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.Zimbabwe Chrome Export Ban Under Pressurehttp://www.asmet.com/news/zimbabwe-chrome-export-ban-under-pressurehttp://www.asmet.com/news/zimbabwe-chrome-export-ban-under-pressureTue, 06 Dec 2011 00:00:00 +0000Smaller 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.Fire at Globe Speciality Metals Plant Halts Ferro Silicon Productionhttp://www.asmet.com/news/fire-at-globe-speciality-metals-plant-halts-ferro-silicon-productionhttp://www.asmet.com/news/fire-at-globe-speciality-metals-plant-halts-ferro-silicon-productionThu, 01 Dec 2011 00:00:00 +0000Production 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.Low Water Levels Impact Thyssenkrupp's Rhine Barge Shipments of Iron Orehttp://www.asmet.com/news/low-water-levels-impact-thyssenkrupps-rhine-barge-shipments-of-iron-orehttp://www.asmet.com/news/low-water-levels-impact-thyssenkrupps-rhine-barge-shipments-of-iron-oreWed, 30 Nov 2011 00:00:00 +0000The 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.Chinese Ferro Alloys Producers Face Higher Electricity Priceshttp://www.asmet.com/news/chinese-ferro-alloys-producers-face-higher-electricity-priceshttp://www.asmet.com/news/chinese-ferro-alloys-producers-face-higher-electricity-pricesWed, 30 Nov 2011 00:00:00 +0000In 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.Reduction in China's 2012 Rare Earth Export Quotashttp://www.asmet.com/news/reduction-in-chinas-2012-rare-earth-export-quotashttp://www.asmet.com/news/reduction-in-chinas-2012-rare-earth-export-quotasThu, 24 Nov 2011 00:00:00 +0000According to market insiders, China may reduce the 2012 rare earth export quota to below 30,000 tonnes, due to the fall in exports in 2011 resulting in 8,000 tonnes of unused quota.Metal Theft of High Purity Chrome Metal Briquettes and Titanium Spongehttp://www.asmet.com/news/metal-theft-of-high-purity-chrome-metal-briquettes-and-titanium-spongehttp://www.asmet.com/news/metal-theft-of-high-purity-chrome-metal-briquettes-and-titanium-spongeWed, 23 Nov 2011 00:00:00 +0000On the night of 13 to 14th November 2011, there was a metal theft of over 18.65 tonnes of material, including high purity Chrome metal briquettes and Titanium Sponge from Koring Freight Forwarders (also known as Kebo Trans) warehouse in Barendrecht, the Netherlands.Malaysia Set to Become Major Ferro Alloys Supplier after OMH Approves New Smelterhttp://www.asmet.com/news/malaysia-set-to-become-major-ferro-alloys-supplier-after-omh-approves-new-smelterhttp://www.asmet.com/news/malaysia-set-to-become-major-ferro-alloys-supplier-after-omh-approves-new-smelterThu, 17 Nov 2011 00:00:00 +0000OMH has given the go ahead for a new Ferro Silicon and Ferro Manganese Smelter in Sarawak, Malaysia capable of producing 600,000 tonnes a year.Eskom Offers Chrome Producers Payout and McKinsey Report Recommends Chrome Ore Dutieshttp://www.asmet.com/news/eskom-offers-chrome-producers-payout-and-mckinsey-report-recommends-chrome-ore-dutieshttp://www.asmet.com/news/eskom-offers-chrome-producers-payout-and-mckinsey-report-recommends-chrome-ore-dutiesTue, 15 Nov 2011 00:00:00 +0000Developments in South African Chrome sector as Eskom offers Ferro Chrome smelters payments to switch off their generators and McKinsey report recommends export duties on Chrome ore.Major Theft of Molybdenum from Cronimet in Germanyhttp://www.asmet.com/news/major-theft-of-molybdenum-from-cronimet-in-germanyhttp://www.asmet.com/news/major-theft-of-molybdenum-from-cronimet-in-germanyFri, 04 Nov 2011 00:00:00 +000020 tonnes of pure molybdenum metal scrap belonging to Cronimet have been stolen from a forwarding agency in Hagen, Germany on Monday 31st October.Indian DRI Prices Increase Due to Continuing Iron Ore and Coal Shortageshttp://www.asmet.com/news/indian-dri-prices-increase-due-to-continuing-iron-ore-and-coal-shortageshttp://www.asmet.com/news/indian-dri-prices-increase-due-to-continuing-iron-ore-and-coal-shortagesMon, 31 Oct 2011 00:00:00 +0000Indian domestic prices for directly reduced iron (DRI) have increased sharply due to continuing shortages of iron ore and coal.Rolls Royce Set to Invest in High Technology Metals Jobs at Advanced Manufacturing Park in UK http://www.asmet.com/news/rolls-royce-set-to-invest-in-high-technology-metals-jobs-at-advanced-manufacturing-park-in-ukhttp://www.asmet.com/news/rolls-royce-set-to-invest-in-high-technology-metals-jobs-at-advanced-manufacturing-park-in-ukMon, 31 Oct 2011 00:00:00 +0000Rolls Royce is set to create hundreds of high technology jobs at the Advanced Manufacturing Park (AMP) in South Yorkshire, UK.Grand Plans for Dogger Bank Offshore Wind Farm http://www.asmet.com/news/grand-plans-for-dogger-bank-offshore-wind-farmhttp://www.asmet.com/news/grand-plans-for-dogger-bank-offshore-wind-farmMon, 31 Oct 2011 00:00:00 +0000Ambitious plans for an offshore wind farm at Dogger Bank off the UK's Yorkshire coast could generate 9 gigawatts of electricity and provide quality long terms jobs in the local area.Tata Will Commission Stocksbridge Aerospace Plant by End of 2011http://www.asmet.com/news/tata-will-commission-stocksbridge-aerospace-plant-by-end-of-2011http://www.asmet.com/news/tata-will-commission-stocksbridge-aerospace-plant-by-end-of-2011Thu, 27 Oct 2011 00:00:00 +0100Tata Steel is due to start commissioning two furnaces for aerospace steel production at its Stocksbridge steelworks in Sheffield, UK, by the end of 2011.TATA Steel Investing in Improved Energy Efficient Production in the UKhttp://www.asmet.com/news/tata-steel-investing-in-improved-energy-efficient-production-in-the-ukhttp://www.asmet.com/news/tata-steel-investing-in-improved-energy-efficient-production-in-the-ukMon, 24 Oct 2011 00:00:00 +0100TATA Steel has announced a £3.5 million investment in improved energy efficient steel making production at its Rotherham plant in South Yorkshire, UK.Rare Earth Miner Lynas Hit by Malaysian Permit Rumourshttp://www.asmet.com/news/rare-earth-miner-lynas-hit-by-malaysian-permit-rumourshttp://www.asmet.com/news/rare-earth-miner-lynas-hit-by-malaysian-permit-rumoursMon, 24 Oct 2011 00:00:00 +0100Rare earth miner Lynas's shares slumped last week on speculation that the Malaysian authorities would not grant an import license for ore from its mine in Western Australia.Indian Steel Ministry Calls for Chrome Ore Export Banhttp://www.asmet.com/news/indian-steel-ministry-calls-for-chrome-ore-export-banhttp://www.asmet.com/news/indian-steel-ministry-calls-for-chrome-ore-export-banFri, 21 Oct 2011 00:00:00 +0100The Indian Steel Ministry is calling for a complete ban on chrome ore exports to protect its limited chrome ore reserves, which are mainly located in the Sukinda valley and Boula in Orissa.Glencore Lines Up Stake in Indian Ferro Chrome Producerhttp://www.asmet.com/news/glencore-lines-up-stake-in-indian-ferro-chrome-producerhttp://www.asmet.com/news/glencore-lines-up-stake-in-indian-ferro-chrome-producerFri, 21 Oct 2011 00:00:00 +0100Glencore International is reported to be close to a deal for a 24% stake in India's High Carbon Ferro Chrome Producer Cronimet Alloys.Baosteel Rare Earth Halts Productionhttp://www.asmet.com/news/baosteel-rare-earth-halts-productionhttp://www.asmet.com/news/baosteel-rare-earth-halts-productionWed, 19 Oct 2011 00:00:00 +0100Baosteel, China's largest rare earth producer has announced that it was suspending smelting and separation work for a month in an attempt to counter recent falls in rare earth prices.UK Steel Foundry Secures MOD Contracthttp://www.asmet.com/news/uk-steel-foundry-secures-mod-contracthttp://www.asmet.com/news/uk-steel-foundry-secures-mod-contractTue, 18 Oct 2011 00:00:00 +0100Bonds Foundry, A leading UK steel foundry has been awarded a £ 4 million Ministry of Defence (MOD) contract over four years for the manufacture and repair of anchors for the Royal Navy.  Strikes Hit Xstrata Ferro Alloy Operations in South Africahttp://www.asmet.com/news/strikes-hit-xstrata-ferro-alloy-operations-in-south-africahttp://www.asmet.com/news/strikes-hit-xstrata-ferro-alloy-operations-in-south-africaMon, 17 Oct 2011 00:00:00 +0100Xstrata faced nationwide strikes at its coal and Ferro Alloys operations in South Africa as hundreds of workers staged a mass walk out over a dispute with the Company's employee share ownership programme.Further Chinese Tax Increases for Rare Earthshttp://www.asmet.com/news/further-chinese-tax-increases-for-rare-earthshttp://www.asmet.com/news/further-chinese-tax-increases-for-rare-earthsWed, 12 Oct 2011 00:00:00 +0100The Chinese government has announced that the regional resources tax on rare earth and other commodities such as natural gas, crude oil and coking coal will be implemented nationally from 1st November 2011.