December 2013

Mechel concludes $425m sale of Voskhod and Tikhvin shares to Yildirim Group

Russian steel producer Mechel has closed the deal for the sale of 100% of its shares in Voskhod mining plant and Tikhvin ferroalloy plant to Turkish conglomerate the Yildirim Group for $425 million.

FACTS: China’s ferro-alloys imports in November

A summary of China’s ferro-alloys imports in November.

China’s ferro-chrome imports at nine-month high in November

China’s imports of high carbon ferro-chrome rose to a nine-month high in November after traders increased purchases in October when the price gap between domestic and imported material price narrowed.

HOTLINE: Glencore goes Gangnam style?

The biggest debate in the Swiss city of Zug right now is not how much higher physical premiums might go; it’s who will be providing entertainment for Glencore Xstrata at the company’s annual holiday party.