November 2003

Böhler negotiating foreign acquisition

Austrian speciality steelmaker Böhler Uddeholm is “in negotiations” concerning an acquisition outside Europe.

Speculation grows on Ferom closure

Speculation is mounting in Europe that Romania’s Ferom ferro-alloys plant has shut down for the winter.

Better prices support Nisshin

Nisshin Steel achieved higher profits during the April-September half of the fiscal year, despite the pressure the climb in nickel prices put on the company’s stainless operations

Xstrata decision may boost vanadium market

Xstrata Alloys will suspend production at its Vantech vanadium plant in South Africa, effective Jan. 1, following the end of the ore body's life.

Xstrata suspends Vantech production

Xstrata Alloys plans to suspend production at its Vantech vanadium production plant from 1 January 2004.

JFE invests in Chiba stainless annealing

JFE Steel is spending ¥4 billion to bolster ferritic stainless facilities at the Chiba plant of its East Japan Works near Tokyo to raise hot rolling capacity by 60,000 tpy to 600,000 tpy.

Silico-manganese to ease as CVRD ramps up

Silico-manganese prices in the USA might be set to soften in the next few months as material moves into the market, sources said.

Moly oxide prices 'too high'

Current prices for molybdenum oxide of around $6 per lb are too high, MB’s 19th International Ferro-Alloys Conference in Monte Carlo was told today.

Tungsten needs new markets, conference told

Tungsten producers need to identify and develop new uses for the metal, MB's 19th International Ferro-Alloys Conference in Monte Carlo heard today.

Tisco and Baosteel discuss iron ore supplies

Tata Steel (Tisco) and Baosteel Engineering & Equipment, part of the Shanghai Baosteel Group in China, are in talks in India which may lead to a strategic alliance and joint ventures.