July 2013

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday:

CHARGE CHROME INDEX: Prices hold on thin trading

Charge chrome import prices remained static in China on Friday July 26, as minimal South African sales were reported.

Major Chinese steel mills cut high carbon ferro-chrome price for August

Major Chinese steel mills have slashed their high carbon ferro-chrome purchase price for August delivery, following the recent cut by the country’s largest stainless steel mill.

China’s high carbon ferro-chrome imports up; price gap persists

China’s ferro-chrome imports were up on the month in June but volumes were lacklustre amid the price gap between domestic and international markets.

Taigang Stainless cuts ferro-chrome bid price for August

China’s largest stainless steel mill Taigang Stainless Steel has started its tender of high carbon ferro-chrome for August delivery.

China's ferro-chrome prices set to fall as chrome ore prices weaken, say sources

Chinese high-carbon ferro-chrome prices are likely weaken soon, tracking the slump in spot chrome ore prices, market sources in the country told Metal Bulletin.

DCM trading arm bought by AMCI

The trading arm of DCM Decometal has been acquired by American Metals and Coal International Marketing, a subsidiary of AMCI Holding in the Netherlands, Metal Bulletin understands.

Ruukki will change its name to Afarak

Ruukki Group will change its name to Afarak Group after a resolution on the move was approved at its egm on July 5.

CHARGE CHROME INDEX: South African producers hold offer prices

Charge chrome prices held in China on Friday July 5, as most South African producers stood firm at recent price levels.

40,000 apply for 1,000 jobs at strike-hit Glencore Xstrata chrome mines

Glencore Xstrata South Africa has reported receiving almost 40,000 applications for vacancies at its Steelpoort chrome mines in South Africa, where the company recently fired 1,000 workers.