Global insight

Asia FeSi: Spot Offers Steady,Trades Thin on Lack of Buying

[Ferro-Alloys.com]Spot offers of 75%-Si ferrosilicon in Asia were generally steady, while trades were thin on the absence of buying interest, sources said Thursday.

Thursday, April 7, 2016

International iron ore prices fall below US$55/ton, fall for the 6th consecutive days

International iron ore prices fell below US$/ton on March 30 of this year. China¡¯s 62% ore prices dropped slightly by US$0.7/ton, at US$53.5-54.5/ton, falling below market expectations of US$55/t on, but also for 6th straight days declined. It predicts tha...

Wednesday, April 6, 2016

US DOC to review anti-dumping investigation on China's stainless steel sinks

On March 25, 2016, the United States Department of Commerce to review anti-dumping investigation on China's stainless steel sinks. US DOC found Ningbo kitchenware limited is the successor to the rights and obligations in such case. On December 22, 2015, the...

Wednesday, April 6, 2016

Korea steel enterprises to invest new steel projects in Mexico

According to Korea Iron and Steel industry leader Posco and Hyundai Steel Company have announced to invest new cold-rolled steel sheet processing plants in Mexico, used for auto sectors, as well as to develop the American market. Currently, Posco has 4 prod...

Wednesday, April 6, 2016

European coil prices remain stable

Before Easter holiday, European coil market remained stable. Traders said despite the current weak market, the market demand has rebounded further. It is expected European coil market will continue to rally in April after Easter holiday. Nordic area hot rol...

Wednesday, April 6, 2016

Southern European rebar steel export prices rise, wire rod prices remain steady

It is reported that Southern European rebar steel export prices rose slightly, at €350-360/ton FOB in last week, also is higher than two weeks ago, at €345-360/ton (about US$387-404/ton). Those for Algeria¡¯s rebar steel import prices will remain stable ...

Wednesday, April 6, 2016

Formosa Ha Tinh Steel announces to begin hot rolling plant production

Formosa Plastics Group has announced to begin hot rolling plant production at its Vietnam Ha Tinh Mill. The plant produces various types of steel, also reach United States Petroleum Institute (API) grade quality specifications, with annual production capacity ...

Wednesday, April 6, 2016

New Caledonia okays nickel export to China

The New Caledonian government has authorised the exportation of low grade nickel ore to China to offset the loss of exports to Australia.

Wednesday, April 6, 2016
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