August 2001

Ferro-vanadium falls despite Shieldalloy shutdown

US ferro-vanadium prices have fallen below $4 per lb despite the temporary closure of Shieldalloy Metallurgical Corp's Cambridge, Ohio facility this month.

Ferro-alloys hit bottom but no resurgence in view

Amid unprecedented lows in the ferro-alloys market, many traders and producers say prices have now have reached a floor but are unlikely to rise before next year.

Highveld denies FeV project would cost R1bn

Highveld Steel & Vanadium has denied South African newspaper reports that a ferro-vanadium project it is considering would cost R1bn.

Chinese FeMo market retreats as AD effects start to bite

The continuing weakness in the major export markets and the imposition of anti-dumping duties by the European Commission are further undermining the Chinese ferro-molybdenum market.

Highveld, Nippon Mining and Mitsui join in FeV venture

South Africa's Highveld Steel & Vanadium, Japan's Nippon Denko and Mitsui & Co Ltd have agreed to begin a feasibility study aimed at building ferro-vanadium conversion capacity in South Africa.

Weakness dominates European FeV prices

Price weakness continues to be the main feature of the European vanadium market, which has been fairly quiet over the past week.

Highveld fell into the red in first half

Highveld Steel and Vanadium recorded first half operating losses of R28.8 compared to a R61.3m profit a year ago, despite the weakness of the Rand

Highveld buys into vanadium battery company

Major vanadium producer Highveld Steel & Vanadium has become the latest company to take a strategic stake in a potential new battery application for the metal.

Keokuk Ferrosilicon idles its last furnace

US-based Keokuk Ferrosilicon Inc shut its last remaining furnace on August 22.

Chinese FeV producers turn to domestic market

Weak export demand has prompted Chinese ferro-vanadium producers, including Panzhihua Iron & Steel Group, to cut production of 80% material.