INTERVIEW: Vietnam best bet for nickel production after Indonesia ore ban – Blackstone CEO

Australian multi-metal miner Blackstone Minerals considers Vietnam a reliable and equitable jurisdiction for nickel production and export once the Indonesian ore export ban comes into effect in January 2020, chief executive officer Scott Williamson told Fastmarkets last week. With estimated refined production capacity of 10,000 tonnes per year, the company plans to develop its newly-acquired…

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ASIAN NICKEL CONF: Philippines unlikely to fill nickel ore supply gap arising from Indonesia’s export ban, participants say

Among the hotly debated topics at Fastmarkets’ seventh annual Asian Nickel Conference in Jakarta, Indonesia, this week was whether or not increased nickel ore shipments from the Philippines would be able to offset the supply gap that will arise once Indonesia halts exports of the material from next year. The majority of conference delegates were…

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Ukraine: Mariupol Ilyich and Azovstal pass SASO audit

Mariupol Ilyich Iron and Steel Works and Azovstal have successfully passed the SASO certification audits necessary to continue exporting metal to Saudi Arabia. The audit showed that the companies were controlling the quality when fulfilling orders. The SGS Ukraine representatives inspected the steel manufacture, as well as documents to produce metal and make samples. Metinvest…

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Kazakhstan: Russia limiting coal exports to Ukraine

Coal industry of Kazakhstan is sustaining losses after Russia imposed limitations on the export of coal to Ukraine. According to the Association of mining and metallurgical enterprises, in June-September coalmining companies intended to ship 584.12 thousand tons of coal to Ukraine via Russia, but the Russian Ministry of Economic Development approved only 233.5 thousand tons.…

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Russia: gold output up in H1 2019

In January-June Russia extracted 142.223 tons of gold, up by 11.41% YoY. The growth is due to the Natalkinskiy Mining and Processing Works in Magadan region reaching its design capacity. Petropavlovsk has commissioned its autoclave manufacture and until the end of the year intends to get 15.5 tons of gold. Russia is expected to produce…

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Indonesian Stainless Steel Exports Likely to be Hit by Updated EU Safeguards – CRU

The European Commission implemented amendments to the EU’s safeguard measures starting from 1 October. The effects of these changes are expected to be relatively limited, however, Indonesia is losing its developing country exemption that is likely to restrict their export volumes of stainless into the EU significantly. The European Commission implemented adjustments to the safeguard…

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China’s CRC export prices stable despite Vietnam anti-dumping probe

Chinese cold-rolled coil export prices remained unchanged over the past week despite an anti-dumping investigation being instigated in Vietnam. Vietnam’s Ministry of Industry & Trade launched the probe after requests from several Vietnamese producers. The investigation encompasses non-alloy cold-rolled steel sheet and coil in widths of less than 1,600mm and in thicknesses of 0.108-2.550mm. “Although Vietnam has excess capacity in CRC, Chinese imports remain…

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