December 2006

China to halve FeCr import duty to 1%

Beijing has announced it will halve the import tax on ferro-chrome to 1 percent, effective from January 1 2007, as the government attempts to encourage imports of the alloying material

UK stockists unhappy with Q1 stainless base price increases

Some stainless steel buyers in the UK are resisting base price increases being levied to take effect from January 1, saying the increases are too large

Calls mount for Indian ban on chrome ore exports

The Indian government should ban exports of all lumpy and friable chrome ore with effect from April 1, 2007 and impose a limit on exports of beneficiated chrome concentrate to 400,000 tpy, according to the Indian Ferro Alloy Producers Assn

Tang Eng raises January export prices by $100/T

Taiwan’s Tang Eng Iron Works will increase its January export prices of its stainless hot and cold-rolled products by around $100 per tonne to reflect rising nickel prices, said a company spokesman.

(AMM) USTR seeking public comment on Mexican stainless margins

The office of the U.S. Trade Representative (USTR) is seeking public comment on anti-dumping duty orders on stainless steel sheet and strip coils from Mexico, it said Wednesday.

China to introduce new export taxes on metals, stainless steel on Jan 1 [UPDATE]

China will introduce export taxes on certain metals and their products including tungsten, molybdenum, indium, chromium and stainless steel products, but cancel export taxes on some copper fabricated products effective from January 1

China to introduce new export taxes on metals, stainless steel on Jan 1

China will introduce export taxes on certain metals and their products including tungsten, molybdenum, indium, chromium and stainless steel products, but cancel export taxes on some copper fabricated products effective from January 1, the Ministry of Finance said in a statement on Wednesday

(AMM) US stainless steel producers lose appeal over duties

The Court of International Trade (CIT) said Tuesday that it has affirmed an earlier court's decision to terminate duties on stainless steel sheet and strip from France and the United Kingdom.

Ferro-vanadium drops again in Europe on low Chinese prices

Ferro-vanadium prices fell again on Friday, dragged by lower Chinese sales as European producers stayed on the sidelines, amid indications that the market could come under further pressure in January.

China's Yongchang fires up FeSi plant despite government crackdown

China's Yongchang Lead-Zinc Co has started to commission the first stage of a new 100,000 tpy ferro-silicon project, despite government efforts to limit China's ferro-alloy capacity.