December 2013

2014 FORECAST: Trading rules changes likely to hit noble alloys

The noble alloys market will see changes in the coming year as China potentially alters its export tax on metals including tungsten and molybdenum, and as the EU amends its trade rules.

Vietnam imposing anti-dumping duties on some stainless steel imports

Vietnam will impose temporary anti-dumping duties on cold rolled stainless steel from China, Indonesia, Malaysia and Taiwan effective January 25.

2014 OUTLOOK: Outokumpu’s new daily alloy surcharge system explained

Outokumpu’s head of Europe, Middle East and Africa (EMEA) sales, Olli-Matti Saksi, and its director of strategic projects, Paul Schlimgen, explain how its daily alloy surcharge system will work.

Taiwan's Yusco raises stainless steel prices for January

Taiwan’s largest stainless steel producer, Yieh United Steel Corp (Yusco), is raising its domestic and export offers for January 2014, tracking higher production costs.

Lower nickel weighs on European stainless steel's Jan alloy surcharges

European stainless steel alloy surcharge levels for January have fallen by €23-41 ($32-56) per tonne on weaker month-on-month nickel, data released by the biggest producers showed on December 30.

China’s spot stainless prices steady in quiet market

China’s spot stainless prices were unchanged for a third consecutive week, with stable raw material costs and muted trade expected to keep the market steady for the short term, participants said.

Taigang lifts high carbon ferro-chrome price for January

Taigang Stainless Steel, the country’s largest stainless steel producer, has increased the price at which it is willing to buy high carbon ferro-chrome for January delivery, sources in China told Metal Bulletin.

China’s stainless flats exports inch up 1% in November

China’s stainless steel flat products exports were largely stable on the month in November, as a drop in purchases from largest customer Taiwan was offset by increased shipments to other regions.

China's nickel ore imports reach record high in November

China’s nickel ore imports hit a new record high in November as an increase in purchases from Indonesia ahead of the proposed export ban offset a disruption in supply from the Philippines due to typhoon Haiyan.

Schmolz + Bickenbach ceo Johannes Nonn steps down

The ceo of European stainless steel group Schmolz + Bickenbach (S+B), Johannes Nonn, stepped down and was released from all duties and functions with immediate effect on Monday December 23.