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May 2012
23 May 2012
Chinese tungsten concentrate with 65% metal content production moved down by 8.2% month-on-month in April to 12,411 tonnes, remained 15% higher year-on-year, according to figures from National Bureau of Statistics (NBS).
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23 May 2012
BHP Billiton’s decision to restart production at its Tasmanian Electro Metallurgical Co. (Temco) manganese alloy operation in Australia could crimp US prices later this year.
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22 May 2012
Baosteel Stainless, one of China’s largest stainless steel producers, lifted its ferro-chrome prices this week in line with an improved market sentiment.
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22 May 2012
BHP Billiton will restart its Temco manganese alloy plant in Tasmania, after a 90-day review concluded the smelter can still make money.
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21 May 2012
Chinese stainless steel mills and traders are importing less ferro-chrome in the second quarter due to the huge gap between import and domestic prices, market sources told Metal Bulletin.
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19 May 2012
US ferrosilicon prices are coming under pressure as sellers aggressively chase available business following a period of little activity.
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19 May 2012
US molybdenum prices have fallen as some sellers look to pare down stocks due to uncertainty about future demand as the market approaches the traditionally slower summer period.
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17 May 2012
China’s imported iron ore market remained downbeat on Thursday May 17, as weak steel prices saw little buying activity.
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17 May 2012
Taigang Stainless, China’s largest stainless steel producer, unexpectedly announced to start their June ferro-chrome purchase this morning, two weeks ahead of its usual buying time.
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17 May 2012
New emissions standards for ferroalloys producers could significantly impact the industry, lawmakers told the US Environmental Protection Agency, echoing concerns of domestic manganese alloy producers.
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16 May 2012
Chinese molybdenum concentrate prices fell again this week after sellers cut offers still further, with prices reaching their lowest level since June 2009.
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16 May 2012
China Molybdenum has won regulatory approval for a 3.646 billion yuan ($575 million) share listing on the Shanghai Stock Exchange.
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16 May 2012
DLA Strategic Materials offered 700 tons of low-carbon ferrochrome Tuesday under its basic ordering agreement (BOA).
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11 May 2012
China's ferro-alloys output decreased in April after two consecutive months of increases, as persistently weak market conditions prompted smelters to cut production.
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11 May 2012
Taigang Stainless, China’s largest stainless steel producer, has lifted its high-carbon ferro-chrome price for May, giving a lift to market sentiment.
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10 May 2012
ArcelorMittal South Africa (Amsa) experienced a challenging quarter for its chemicals and coke business in the first three months of 2012 because of unforeseen ferro-chrome smelter closures, the company said on Thursday May 10.
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10 May 2012
Erdos Metallurgy Group (EMG), China’s biggest ferro-silicon producer, plans to expand its ferro-silicon capacity by 50,000 tpy to 650,000 tpy by the end of this year, a company source told Metal Bulletin.
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09 May 2012
Cliffs Natural Resources Inc. has selected Sudbury, Ontario, as the site for its proposed ferrochrome processing plant that will treat ore from the company’s chrome mine in northern Ontario.
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09 May 2012
BHP Billiton will consolidate its aluminium and stainless steel materials units into a single business named aluminium and nickel, which it believes could benefit from economic development in emerging economies in the future, the diversified mining company said.
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09 May 2012
A federal court has rejected a motion by two ferrosilicon producers who claimed that the court does not have jurisdiction in a 19-year-old case involving allegations of price-fixing and the filing of fraudulent anti-dumping petitions.
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08 May 2012
DLA Strategic Materials has offered to sell 3,145.19 short tons of high-carbon ferromanganese from its Point Pleasant, W.Va., and Warren, Ohio, depots under its basic ordering agreement (BOA) format for May, about 10 percent less than it offered for April.
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08 May 2012
Ships carrying nickel have not been allowed to leave the Indonesian island of Sulawesi since May 6, when a ban on exports of raw materials took effect.
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08 May 2012
Chinese ferro-chrome producers have raised offer prices since last week on steady May purchase prices from major stainless steel mills.
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08 May 2012
First Point Minerals Corp. has served notice of arbitration on subsidiaries of Cliffs Natural Resources Inc. over what it claims is "Cliffs’ refusal to provide First Point with information prepared by their consultants with respect to the Decar nickel-iron alloy project in British Columbia," First Point said.
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07 May 2012
DLA Strategic Materials sold 560 short tons of low-carbon ferrochrome in April at about $1.99 per pound (chrome contained), the highest sales price achieved this year, according to AMM calculations.
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07 May 2012
China Minmetals raised its May tungsten concentrate price by more than expected in an attempt to drive the market higher.
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05 May 2012
DLA Strategic Materials will not introduce to the market 104,000 tons of high-carbon ferrochrome and 46,000 tons of low-carbon ferrochrome released from a strategic reserve to its saleable stockpile.
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04 May 2012
Molybdenum prices in the US market have softened as spot activity has slowed.
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04 May 2012
The Indonesian ore export ban and mining export taxes for those companies that can export will most probably result in higher prices for Indonesian ores, as supply falls and sellers pass higher cost prices to buyers, sources told Metal Bulletin.
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04 May 2012
Indonesia is set to implement a mineral ore export ban and impose taxes starting May 6, a senior government official told Metal Bulletin.
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04 May 2012
Taigang Stainless has cut its high-grade nickel pig iron bid price for May deliveries by 6.5% compared with April’s price, tracking falling nickel prices.
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04 May 2012
China Molybdenum, which is planning to list on the Shanghai Stock Exchange this year, posted a 5% increase in first-quarter net profit.
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03 May 2012
BHP Billiton raised its manganese ore prices for June shipment to China, but the increase was smaller than expected.
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02 May 2012
Trading of molybdenum in the Chinese market was very thin this week, and most traders believe prices could drop again in the near term.
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02 May 2012
Mexican manganese and ferro-alloy producer Minera Autlán has reported sales revenues of 844 million pesos ($64.9 million) for the first quarter of 2012, its lowest quarterly level since 2009.
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02 May 2012
DLA Strategic Materials offered 700 tons of low-carbon ferrochrome Tuesday under its basic ordering agreement (BOA).
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April 2012
28 April 2012
Manganese alloy supplier Felman Trading Inc., Miami, Fla., is holding its prices steady for May, with the floor price for silicomanganese still at 80 cents per pound and high-carbon ferromanganese at $1,600 per long ton.
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27 April 2012
Low-carbon ferrochrome prices continue to rise, with producers unwilling to sell at lower levels over the past few weeks.
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27 April 2012
Market sentiment recovered slightly in the local Chinese market after major stainless steel mills Baosteel and Jiuquan Steel announced unchanged prices for high-carbon ferro-chrome for May delivery, sources said.
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27 April 2012
China’s imports of chrome ore and ferro-chrome are likely to fall back after a steep increase in March, market participants said.
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27 April 2012
Chinese manganese ore imports dropped 18.9% in March, as persistently weak market of manganese alloys persuaded buyers to cut purchase volumes.
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26 April 2012
As ferro-tungsten demand recovers and prices rise in Europe, European buyers have begun to turn to the Chinese market for supplies, market sources have said.
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20 April 2012
High-carbon ferromanganese prices are softening as spot activity has slowed after the completion of second-quarter buying.
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20 April 2012
Low-carbon ferrochrome prices are trekking higher in the US domestic market, driven by a recent producer push.
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20 April 2012
Chinese buyers have shown a reluctance to purchase high-carbon ferro-chrome from the international market due to lower domestic prices.
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20 April 2012
Chinese output of tungsten and molybdenum concentrate rose in March as more miners restarted operations.
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20 April 2012
China’s manganese flake prices fell again as producers lost a bid to stop prices falling.
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20 April 2012
Chinese manganese ore port inventory has declined to below 3 million tonnes for the first time since 2010 December, lifting market sentiment, market sources have said.
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19 April 2012
MoTiV Metals, a new marketing firm set up by former Evraz East Metals director Terry Perles, has secured marketing agreements with vanadium producers including Atlantic's Windimurra plant.
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19 April 2012
What will happen after May 6, when Indonesia's ore export ban is due to come into force? Metal Bulletin charts three possible scenarios.
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18 April 2012
Vale’s manganese ore output fell by 36.1% quarter-on-quarter in the first quarter of 2012 to 484,000 tonnes, the Brazilian company said in a production report published on Wednesday April 18.
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18 April 2012
The Indonesian Nickel Assn (ANI) is suing the government over plans to ban raw material exports from May 6, sources told Metal Bulletin.
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18 April 2012
Evraz Highveld Steel & Vanadium wants to double its production capacity over the next decade to give it more weight in the steel market, company secretary and investor relations officer Cathie Lewis told Metal Bulletin on Wednesday April 18.
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18 April 2012
China’s tungsten market is finally showing signs of improvement after a seven-month decline, as sellers report more enquiries and prices stabilise.
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17 April 2012
DLA Strategic Materials offered 560 tons of low-carbon ferrochrome Tuesday under its second basic ordering agreement (BOA) for April.
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17 April 2012
Russian steelmaker Evraz Plc produced 4,571 tonnes of ferrovanadium in the first quarter, up 14.4 percent from the same period last year.
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17 April 2012
Nickel producers in the Phillipines have said that they will not be able to meet any shortfall in nickel ore supply resulting from Indonesia’s May 6 export ban.
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17 April 2012
Indonesia’s nickel producers are asking the government to find an alternative to the outright ban on unprocessed ore exports due to be imposed from May 6.
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16 April 2012
A crackdown on ferrosilicon smuggling across the China-Vietnam border could lead to a rise in domestic prices, sources say.
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16 April 2012
The European benchmark price for charge and high carbon ferro-chrome has increased 20 cents to $1.35 per lb for the second quarter of 2012.
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14 April 2012
A two-tiered pricing structure is developing in the US ferrovanadium market, with imported South Korean material reportedly being sold around the $14-per-pound level while other product is fetching higher numbers.
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14 April 2012
Low-carbon ferrochrome producers, who have been unhappy with the narrow spread between low- and high-carbon ferrochrome prices this year and a growing discount to the European market, have been pushing up prices.
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13 April 2012
China’s ferro-alloys output continued to increase in March, with higher-than-expected growth of 13.1% compared with February.
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12 April 2012
Brazil’s competition regulator, Cade, has approved the acquisition of a 15% stake in domestic niobium producer Companhia Brasileira de Metalurgia e Mineração (CBMM) by a consortium of five Chinese companies.
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12 April 2012
Chinese silico-manganese smelters have lifted their offers in the past two days, citing increasing prices of manganese ore as the major reason for their price uptick.
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11 April 2012
Merafe Resources has confirmed the second quarter European benchmark price for ferro-chrome settled up 20 cents to $1.35 per lb.
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10 April 2012
EMC Metals Corp. is looking to restart its Springer tungsten mine in Nevada to take advantage of higher prices.
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10 April 2012
DLA Strategic Materials has offered 3,500 short tons of high-carbon ferromanganese for April from its Point Pleasant, W.Va., depot under the basic ordering agreement (BOA) format, the agency said on its website.
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10 April 2012
China Minmetals Non-ferrous Metals (CMN) has cut its tungsten concentrate price for a third time this year on the continued decline of the market.
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10 April 2012
Taigang Stainless, China’s biggest ferro-chrome producer, has finally fixed its ferro-chrome price for April, dropping the price from its previous bid level.
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09 April 2012
BHP Billiton raised its manganese ore prices to China for May shipment, in its first increase since last March.
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07 April 2012
High-carbon ferrochrome suppliers are hopeful that a reported rise in the second-quarter charge chrome benchmark will spur domestic high-carbon ferrochrome prices, but some are skeptical the reported number was widely accepted.
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06 April 2012
US' DLA Strategic Materials sold 490 tons of low-carbon ferrochrome in March for $1.25 million, equivalent to $1.94 per pound (chrome contained), according to AMM calculations.
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06 April 2012
Ferrosilicon prices have softened as some material allegedly smuggled into Vietnam from China to avoid export duties has again made its way to the United States, sources said.
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06 April 2012
Refined ferromanganese prices are picking up steam in the US market as material is said to be in tight supply.
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05 April 2012
Taigang Stainless, China’s largest stainless steel producer, cut its ferro-chrome bid price for April on Thursday April 5.
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05 April 2012
Eighteen people were injured in a gas explosion at a Ningxia ferro-alloys plant on Tuesday April 3.
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04 April 2012
Indonesia has not confirmed when or how much it will tax mineral ore exports ahead of the proposed ban in 2014, government officials told Metal Bulletin on Wednesday April 4.
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04 April 2012
DLA Strategic Materials offered 560 tons of low-carbon ferrochrome Tuesday under its first basic ordering agreement (BOA) for April.
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03 April 2012
Metal processing companies in the European Union (EU) storing potentially dangerous chemicals on their premises will have to abide by tougher management standards aimed at preventing industrial accidents by 2015.
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02 April 2012
DLA Strategic Materials will make a decision in a couple of weeks on whether to resume sales of high-carbon ferrochrome, an agency spokesman told AMM.
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01 April 2012
Manganese ore prices will struggle to recover amid a weaker outlook for the steel sector and huge ore port inventories in China, an executive from a unit of China Minmetals said.
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March 2012
31 March 2012
Calcium silicon imports from Argentina will no longer enjoy a 5-percent import duty waiver after the United States suspended the South American country’s status under the Generalized System of Preferences (GSP).