News
Still massively export minerals processing levels low
While many businesses domestic steel producers warned that lack of raw materials to production, the Ministry of Trade and Industry is proposing to continue to export minerals have very low levels of processing.
Finished Titanium: Potential and Prospects
Among the very few units of the country can deep processing of minerals by new technology, since 2006, Co. building and rural development in mountainous investment in building ore processing plant titanium eligible for export.
Inhibition of crude ore production but still up 100.86%
Center for Information Industry and Commerce (Ministry of Commerce) has said that preliminary statistics first 7 months of 2013, exports of ores and minerals to grow in both volume and value compared to the same period last year.
Iron ore export ban: There is no benefit for a business
Before the 13 companies producing steel posts that policy recommendations for iron ore export ban only benefits a business is Hoa Phat Steel Company (HPG), causing a negative impact on manufacturing firms from import steel billets and steel scrap
Domestic steel market recently
Within 2 months, the steel companies had to adjust the price of steel up to 6 times. Current steel prices have moved up in the world US $ 435-450 / tonne (excluding import duties)