March 2003

Stratcor increases ferro-vanadium prices 10%

Strategic Minerals Corp., Danbury, Conn., has raised its published price for ferrovanadium by 10 percent to $5.50 per pound of vanadium, effective March 6.

Viraj to boost stainless output after German acquisition

Indian stainless steel producer Viraj Group expects to complete its takeover of German flange manufacturer Bebitz GmbH by the middle of this year.

Chinese-Malaysian stainless pipe venture breaks ground

Groundbreaking work will begin shortly on a new stainless pipe mill in Tianjin, northeast China.

Ex-Highlanders rival tries to help in USW talks

In an ironic twist for embattled Highlanders Alloys LLC, the president of a company that had been outbid by Highlanders chief Boris Bannai for the former American Alloys Inc. assets has stepped in to help out his former rival.

DLA awards 12,000 tons of ferro-chrome to three

Three companies were awarded 12,000 short tons of ferrochrome by the U.S. Defense Logistics Agency in February as part of its basic ordering agreement (BOA) tender.

India revives MOIL privatisation plan

The Indian government is once again lining up Manganese Ore India Ltd (MOIL) for privatisation.

Surprise turnaround for European moly prices

An improvement in European molybdenum prices this week has surprised traders, although market tightness appears to be a key factor.

Chinese ferro-moly prices cling to $9 per kg mark

Chinese ferro-molybdenum prices are holding steady, aided largely by higher raw material prices.

Kosaya Gora ships higher-grade ferro-manganese

Russia's Kosaya Gora Iron Works exported over 1,000 tonnes of ferro-manganese to Europe in February, after upgrading its production to the specifications demanded by European steel mills.

US ferro-chrome rises after South Africans win boost

U.S. prices for high-carbon ferrochrome are rising following an increase levied by South African producers on material for shipment to Europe and Japan.