May 2003

Ferro-vanadium softens while ferro-moly remains strong

Ferro-vanadium prices continue to soften in Europe as traders scramble for material.

Chinese ferro-moly holds on to price gains

Chinese ferro-molybdenum prices have held on to gains this week, although slow demand for physical metal has defied earlier expectations of a dramatic price rally.

Tulachermet confirms vanadium deal

Pig iron producer Tulachermet has confirmed that it has bought the controlling stake in Tulachermet Vanadium from Eastlink Lanker.

Indonesian stainless mill battles smuggled imports

Smuggled imports of stainless cold rolled sheet, accounting for up to 30% of national consumption, are damaging operations at Indonesia’s leading stainless roller.

Chinese SiMn suppliers drive prices upwards in East Asia

Chinese silico-manganese exporters are making a determined bid to drive prices towards the $500 per tonne cif level for deliveries to Asian neighbours Japan and Korea.

Daido Steel raises bearing capacity

Japanese special steel maker Daido Steel has commissioned a new high-speed precision forge at its Chita works near Nagoya, supplied by Switzerland’s Hatebur Metalforming Equipment.

India reports bumper year for chrome ore production

Chrome ore production in India reached an all-time high of 2.25 m tonnes last year, compared with 1.81m tonnes in 2001, mainly due to demand from China.

Facor mulls restart

India's Ferro Alloys Corporation is mulling the restart of some of its production facilities.

Xining Special Steel starts up new bar mill

Xining Special Steel in western China has started up a new 200,000 tpy bar mill, specifically for the production of large-sized round bars.

Eramet to review Boulogne furnace

Eramet is set to review the viability of the ferro-manganese blast furnace at its Boulogne plant as part of a review project aiming to restore profitability to the Manganese and Alloys Divisions.