July 2003

Ferro-vanadium, ferro-moly prices firm in Europe

Ferro-vanadium and ferro-molybdenum prices are firming in Europe in what are thinly traded markets.

European ferro-tungsten prices soften

New production in China and weak demand has resulted in rapid softening of ferro-tungsten prices over the last week.

Warning over new Brazilian power crisis

Insufficient investment in Brazil's power sector over the next three years will lead to another blackout like the one that led to the nine-month rationing suffered in 2001-2002, the Brazilian Metallurgical & Materials Assn (ABM) congress has been told.

TK plans stainless and al processing in Kenosha, Wis

ThyssenKrupp Materials North America has broken ground for a new 50,000 square foot distribution facility in Kenosha, Wisconsin.

Stainless expansion hits Outokumpu’s profits [UPDATE]

Outokumpu, Finland’s diversified metals group, has reported a collapse in second quarter operating profit compared with the same period last year.

Stainless hits Outokumpu profits

Outokumpu, Finland’s diversified metals group, has reported a collapse in quarter 2 operating profit compared with same period last year.

Guangxi Bayi mulls silico-manganese boost

Guangxi Bayi Ferro-Alloy Works is considering raising its silico-manganese capacity from its current level of 150,000 tpy to 210,000 tpy.

Numsa threatens strike at Iscor [UPDATE]

Barely has the dust settled after its last labour dispute, before South Africa’s Iscor has once more incurred the wrath of trade union Numsa by offering a wage increase of 7.5 percent (MB Jun 19).

Tulachermet Vanadium production 'steady till year-end'

Tulachermet Vanadium plant is unlikely to boost production before the end of the year, its owners have said.

Acerinox boosts sales but profits slide

The Spain based stainless steel manufacturer the Acerinox Group, has reported an increase in first half turnover in 2003 of 9.9 percent to €1,411million compared with the same period the previous year.