September 2018

MB STAINLESS HELSINKI: Global stainless production forecast to reach 55.75mt in 2019

Global crude stainless steel production is forecast to reach 55.75 million tonnes in 2019 on strong production growth in Asia, Anglo American business intelligence manager Barry Jackson told an industry forum on Wednesday September 19.

MB STAINLESS HELSINKI: Ferro-nickel ‘losing competitiveness’ against stainless scrap, NPI

Ferro-nickel has lost competitiveness against stainless steel scrap and nickel pig iron (NPI) as a raw material input for stainless steel, according to Frank Ehrenberg, senior vp for raw materials procurement at Finnish steelmaker Outokumpu.

DALIAN IRON ORE: 2018 most ‘stable’ year for Chinese steel industry since global financial crisis, CISA says

The Chinese steel industry has experienced the most ‘stable’ year since the global financial crisis of 2008 amid balanced supply and demand following efforts to reduce overcapacity in the steel sector over the past two years, according to Liu Zhenjiang, secretary general of the China Iron and Steel Association (CISA).

EUROPEAN MORNING BRIEF 20/09: SHFE base metals under pressure except tin; China ADC 12 export prices soften; Japanese steel demand dips in July

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Thursday September 20.

East Asian stainless steel market softens again on slow trading, weak nickel

Import prices for flat stainless steel in East Asia fell further over the past week due to the weak nickel segment and a lack of transactions amid sluggish regional demand.

China AM: Ferrous futures retreat on expectations of limited steel cuts

China’s ferrous futures declined during morning trading on Thursday September 20, after the Tangshan government released details of winter steel restrictions the previous day. Limited production cuts are expected because most steel mills in Tangshan are likely to meet the pollution control standard, participants told Metal Bulletin.

China’s stainless steel prices edge higher for a second week

China’s domestic stainless steel prices moved up further over the past week after sellers pushed through additional increases to offset rising inventory costs despite weak demand.

TITANIUM SNAPSHOT: Ferro-titanium price range widens in active trading

Key data from the Wednesday September 19 pricing session in Europe.

MB STAINLESS HELSINKI: EU flat stainless prices ‘to stabilize’ once import quota is filled

European domestic stainless steel prices are likely to stabilize as the EU safeguard quota for stainless steel imports is taken up, according to Roeland Baan, ceo of Finnish stainless steelmaker Outokumpu.

GLOBAL VANADIUM WRAP: European FeV, V2O5 prices climb again, reaching fresh highs amid supply concerns

European ferro-vanadium and vanadium pentoxide (V2O5) prices climbed higher in the week ended Friday September 14 to reach more than 13-year highs amid supply concerns, while Chinese exporters held back offers to compensate for limited stocks.