January 2018

Stalatube to invest $25m to expand capacity in Finland, Poland

Finnish stainless tube maker Stalatube will invest €20 million ($24.86 million) in expanding its capacity in Finland and opening a new service centre in Poland, it said on Friday January 26.

China AM: Ferrous futures mostly down after release of customs data

China’s ferrous futures mostly fell during morning trading on Friday January 26 following the release of the latest Chinese customs data a day earlier.

China's domestic stainless steel prices flat

China’s domestic stainless steel prices were unchanged over the past week with soft demand offsetting the supporting effects of costlier raw materials.

Molybdic oxide, FeMo prices increase further but demand slowing

The current rally in molybdic oxide and ferro-molybdenum prices has persisted this week, with deals reported pushing price ranges up to new highs although demand is slowing, sources told Metal Bulletin.

Baosteel, Tisco raise FeCr tender prices for February due to supply concerns

Major Chinese stainless steel mills Baosteel and Taiyuan Iron & Steel (Tisco) have raised their high-carbon ferro-chrome tender prices for February delivery due to concerns over the tightening supply of the ferro-alloy.

China AM: Iron ore, coking coal futures strengthen

China’s ferrous futures were mixed during morning trading on Thursday January 25 with steel contracts ending the session slightly lower than their opening prices while those for raw materials rose.

East Asian stainless steel market softens on weak demand

Stainless steel prices in East Asia retreated over the past week on thin trading amid persistently soft demand.

European Parliament authorizes modernization of EU trade defenses

The international trade committee of the European Parliament has now endorsed the political agreement on the modernization of the EU’s trade defense instruments, the European Commission (EC) said on Tuesday January 23.

GLOBAL CHROME WRAP: Chrome ore, ferro-chrome import prices rise to match domestic Chinese strength

Chrome ore and charge chrome import prices rose in China on Friday January 19 amid tight supply after mills failed to secure sufficient alloy supply for their steel-making needs, while domestic prices rose on New Year stockpiling.

GLOBAL VANADIUM WRAP: Supply concerns continue to fuel global prices

Global ferro-vanadium markets experienced sharp gains once again this past week, with supply concerns continuing to support prices.