Dec production was down 5.2%yoy at 64.4mt. • Sheffield Forgemasters to cut up to 100 jobs as low steel prices force company to restructure its business Thermal coal (1st year forward cif ARA) US$38.00/t vs US$38.30/t on 30 December – Other: Tungsten - APT European prices $165–175/mtu vs $165–180/mtu last week and $165–185/mtu the week before – possibly due to Chinese clearout of stock ahead of the Chinese New Year Ferrochrome – Benchmark prices collapsed to 92c/lb in December for Q1/16. Company News Anglo American (AAL LN) 226 pence, Mkt Cap £2.9bn – Sale of Queensland coal mine • Anglo American has announced that it has sold its wholly owned Callide open-pit thermal coal mine in Queensland for an undisclosed sum in an all share deal with Batchfire Resouurces.