March 2018

South Korea works to ease 70% steel import quota limit set by US

South Korea is working to ease the steel import quota limits imposed by the United States following its Section 232 investigations, the Korea Iron & Steel Association (Kisa) said on Monday March 26.

EUROPE STAINLESS STEEL: Base prices stable in slow market

The base price assessments for flat and long stainless steel products in Europe have gone unchanged this week in a slow market, sources told Metal Bulletin on Friday March 23.

NORTH AMERICAN MORNING BRIEF 23/03: LME, SHFE base metals prices drop on trade-war fears; China plans US steel pipe, ali scrap tariffs; Bhusan Steel takeover

The latest metal markets news and price moves to start the North American day on Friday March 23.

China AM: Ferrous futures sell-off as China-US trade tensions mount

Ferrous futures in China plunged during the morning trading session amid trade tensions between the country and the United States, with both announcing tariffs on each other’s products.

China’s stainless steel prices fall further amid nickel losses, destocking pressure

Domestic stainless steel prices in China remained in a downward trend over the past week amid a softening nickel market.

European molybdenum markets succumb to more profit-taking

European spot prices for molybdic oxide and ferro-molybdenum have extended their downward trend in the past week, with profit-taking reported after a market rally that has lasted for much of the year-to-date.

East Asian stainless steel prices dip amid weak demand, cheaper nickel

Stainless steel prices in East Asia remained in a downward trend over the past week amid soft demand and a softening of the nickel market.

TITANIUM SNAPSHOT: Alloy market price spread widens as dealers await steelmaker tenders

Key data from the Wednesday March 21 pricing session in Europe.

GLOBAL VANADIUM WRAP: Chinese suppliers raise offer prices on limited stocks; European ferro-vanadium market finds temporary stability

Chinese vanadium suppliers pushed up their offer prices considerably last week, after the market continued to be supported by low availability of stocks.