October 2003

Six bidders await Niksic result

Six bidders from Western countries are waiting to find out the winner of the privatisation of Zeljezara Niksic.

Ferro-tungsten prices rise

Ferro-tungsten prices have perked up on improved demand and tighter supply. The European market was dominated this week by the outcome of an online tender held by one consumer, which purchased up to 100 tonnes of 75% ferro-tungsten at around $6.60 per kg this week.

Indian chrome miners battle to increase exports

Indian chrome ore producers are currently locked in a battle with their customers over the official quota for exports.

Kia Steel wins special steel bar contracts

South Korean special steel maker Kia Steel has received a quality certificate for two grades of bearing steel round bars from Delphi Automotive, the world's largest auto parts producer, and from November will begin shipping bars to a subsidiary of the U.S. firm in Shanghai.

Weirton Steel wins appeal on tinplate tariffs

The U.S. Court of Appeals has ruled in favor of Weirton Steel and the US International Trade Commission (ITC) and against four Japanese producers/exporters of tin mill products to the US.

Slater plans to exit stainless steel bar business

Canada's Slater Steel will exit the stainless steel bar business, closing two plants and laying off nearly half its work force.

Severstal's Mordashov doesn't rule out merger

Chairman of the board of Severstal Alexei Mordashov told the Russian RIA-Novosti wire service that he is not ruling out a merger with other players in the domestic steel market

TK raises NGO electrical steel by €50 per tonne

ThyssenKrupp Electrical Steel is raising its prices for non-grain oriented electrical steel (NGO) by €50 per tonne as of January 1. The Q1 increase is necessary to compensate for several increments in raw material prices, the company said.

Mexico imposes ferro-alloys anti-dumping duties

Mexico has imposed final anti-dumping duties of 51.28 percent on silico-manganese imports from Ukraine and 54.34 percent on high carbon ferro-managanese from China.