December 2000

Tubacex buys up Austrian tubemaker

Spain's Tubacex has purchased another 5% shareholding in Schoeller Bleckmann Edelstahlrohr, giving it full ownership of the Austrian stainless steel tube producer.

Ferro-manganese price dips

High carbon ferro-manganese prices have started to follow the other bulk alloys markets lower.

Cheap power complaint against Indian ferro-alloy producers

India's Ministry of Power has claimed that some ferro-alloy producers are not complying with the terms under which they are supplied with cheap electricity.

Pettifor sees better stainless market after merger

Stainless prices may start to recover as early as the first quarter of next year, according to Avesta Sheffield president and ceo Stuart Pettifor.

Chinese moly miner resumes production

China's largest molybdenum producer, Jinduicheng Molybdenum Mining Corp (JDC), has resumed production after suspending its operations for a month.

European ferro-chrome weakens

Ferro-chrome prices in Europe remain under pressure as mills scale back orders and traders attempt to sell material before the year-end.

Dumping threat causes uncertainty in Chinese FeMo market

Chinese ferro-molybdenum prices are poised to weaken further as poor demand and the threat of impending anti-dumping duties cause confusion in the physical market.

Eastlink Lanker buys UK moly plant, mulls vanadium plan

Russian ferro-vanadium producer and trader Eastlink Lanker has acquired the UK's Ferro Alloys & Metals Ltd and its ferro-molybdenum production facility in Glossop, Derbyshire.

EWK still for sale after Böhler talks fail, says Thyssen [UPDATE]

Germany's largest steelmaker Thyssen Krupp Steel says it still wants to sell Edelstahl Witten-Krefeld (EWK) after the collapse of marathon talks with Böhler-Uddeholm.

Böhler says Thyssen price deadlock sinks EWK sale

Böhler-Uddeholm says that negotiations to buy Edelstahl Witten-Krefeld (EWK) have been called off amid failure to agree a price with Thyssen Krupp