February 2012

Felman raises silicomanganese to 80¢/lb.

Felman Trading Inc., which supplies more than 50 percent of the domestic silicomanganese market, has set its minimum regular silicomanganese sales price for March at 80 cents per pound ex-warehouse, according to the Miami-based company’s website.

COMMENT: Indonesia's miners came, listened and asked for clarity

If miners in Indonesia are unhappy about the government proposal to ban them from exporting ores, they were careful not to show it too openly at a meeting with senior government officials on Tuesday, February 28.

ANALYSIS: What BHP Billiton planned, Glencore-Xstrata must do

“[It will have] the low-cost production of a miner, the marketing skills of a trader, and the financing capability of a bank,” one senior metal marketer told Metal Bulletin.

Autlán reports lower sales, profit in 2011

Mexican manganese and ferro-alloy producer Minera Autlán saw 2011 sales revenues decline by 10% from the previous year.

Tight supply may force silicomanganese prices up

Silicomanganese prices could see a spike when second-quarter buying kicks off in a few weeks due to global production shutdowns and a lack of material in the domestic market.

US ferromanganese prices climb amid market tightness

Low-carbon ferromanganese prices are on the rise as supply is said to be tight in the domestic market and producers have drawn a line in the sand on pricing.

MB NON-FERROUS PRICE CHANGES

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

ENRC promotes Midgley, moves Tattersall to alloys

Mining company Eurasian Natural Resources Corp has reorganised its sales and marketing team in a move that sees Mark Midgley taking on the role of vp, strategy & development, and Alex Tattersall becoming marketing director, ferro-alloys & ores, the company told Metal Bulletin.

China's FeCr imports fall 25% in January

China’s imports of bulk alloys fell sharply in January as lower domestic prices pushed overseas suppliers out of the market, sources said.

BHP to suspend Australia manganese alloy smelter

BHP Billiton may permanently shut the Temco manganese alloy plant in Tasmania, Australia, after high costs and a stronger Australian dollar made the unit unprofitable.