Articles Tagged "steel production"

Chinese Steel Production Down; Weak Manganese Prices Affect Miners’ Profitability

Manganese – The price of manganese has been falling since October. As the price moves towards 2009 lows, the profitability of many high cost manganese producers is coming into question. If the miners reduce their output, prices may stabilize.

Manganese Prices Weak, New Markets to Increase Demand

Manganese – Manganese prices have remained weak due to oversupply and weak steel demand. However, emerging technologies demanding manganese may bolster prices going forward.

New Manganese Supply Holds Down Price in Short Term

Manganese – The price of manganese, an essential ingredient in steel production, has been declining, down some 40 percent year-over-year. Upwards of 12 million tonnes of new supply is coming from South Africa, weight down prices. However due to issues with Chinese manganese production, the country will have to increase imports.

Molybdenum Price Weak Despite Strong Steel Production

Moly – While steel production has remained strong in China and North America, the price of molybdenum has remained weak. China became a net importer of molybdenum in 2010, however, on the year the country is a net exporter of the metal. This trend however may be reversing.

Manganese Prices Reflect Economic Conditions

Manganese – The price of manganese is a good barometer for the health of an economy primarily because of its use in steel, a prime component of infrastructure projects. The price has moved lower, but remains stable. Also, improvements to South African railways are planned to meet new demand from new, massive manganese projects.

Manganese Prices Decrease in China on Excess Inventory

Manganese – Prices for March delivery of manganese in China have slipped due to fierce competition and excess inventory. The ramp up in manganese production in 2010 seems to have hit a ceiling in the short term. However, long term outlook shows increased demand for the metal going forward.

Introduction to Coal Investing

Coal – For thousands of years coal has been used as an important source of energy, including a crucial role as a driving force in the Industrial Revolution. Today, coal is the largest source of energy for electricity generation in the world. Coal provides 27 percent of global primary energy needs and generates 41 percent of the world's electricity.