March 2018

EUROPE STAINLESS STEEL: Domestic base prices down by $10-20 per tonne

The base price assessments for flat and long stainless steel products in Europe fell slightly this week, sources told Metal Bulletin on Friday March 9.

China’s domestic stainless steel prices fall again amid nickel losses

Domestic stainless steel prices in China have fallen further over the past week following losses in the nickel market.

Quiet market conditions dominate European molybdic oxide, ferro-molybdenum markets

Spot prices for European molybdic oxide and ferro-molybdenum have been relatively stable in Metal Bulletin’s midweek assessment, with market activity muted while dealers await the result of second-quarter delivery tenders from consumers in the steel sector.

East Asian stainless CRC prices widen

Stainless cold-rolled coil prices in East Asia widened over the past week with offers from China and Taiwan going in opposite directions, while those for stainless hot-rolled sheet narrowed on thin trading.

ASIAN MORNING BRIEF 07/03: Copper rebounds on LME, Comex; cobalt prices closing in on $40/lb; looking at base metals premiums across the globe

The latest news and price moves to start the Asian day on Wednesday March 7.

Europe extends anti-dumping measures on Chinese stainless tube, pipe for five years

The European Commission (EC) has extended existing anti-dumping duties of 48.3-71.9% into seamless, stainless steel tube & pipe originating from China for another five years, it said on Tuesday March 6.

PRICING NOTICE: Delayed publication of stainless raw materials index

Due to an administrative error, the stainless index was published on Tuesday March 6 2018, one day later than scheduled.

GLOBAL VANADIUM WRAP: China follows European market higher; EU, US prices continue to ride upward momentum

The Chinese vanadium market followed European prices upward last week, in its first full week since returning from the Chinese New Year break. Meanwhile, the US and European markets continued to strengthen on thinning stocks and healthy spot demand.

GLOBAL TUNGSTEN WRAP: Chinese concentrate, APT prices bolstered by mining shutdowns; European APT quotation follows

Chinese mining shutdowns drove tungsten concentrate and APT prices upward in the latest assessment, with European APT prices following suit.

Largo to begin V2O5 powder production at Maracas

Largo Resources will add vanadium pentoxide (V2O5) powder to its portfolio of vanadium products produced from the Maracas Menchen mine in Brazil.