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China’s Benxi Steel to Hike Steel Prices for October

[Ferro-Alloys.com] China’s Benxi Iron & Steel Group announced to raise its prices on certain products for October. The company will hold its prices for HRC and CRC flat and the prices of galvanized steel products are up at RMB150/ton. After adjustment, the ...

Monday, September 19, 2016

US Crude Steel Weekly Capacity Utilization Ration Drops to 70%

[Ferro-Alloys.com] According to United States iron and Steel Institute (AISI) announced on September 10th, United States domestic crude steel production was 1.626 million short tons, the production capacity utilization was 69.5%. Production of 1.687 million sh...

Monday, September 19, 2016

China’s Shagang to Hike HRC and Medium Heavy Plate Prices for October

[Ferro-Alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for October. The company decided to hike its prices for HRC by RMB50/ton, the prices of CRC up by RMB250/ton, the prices of galvanized coil up by R...

Monday, September 19, 2016

ArcelorMittal Plans to Resume Its 3rd Blast Furnace at the Port of Indiana in Q4

[Ferro-Alloys.com] ArcelorMittal United States company planned to restart its 3rd blast furnace at the port of Indiana in the fourth quarter this year. It is including new caster repair completion times, in order to supply slab for Calvert plant in Alabama. To...

Monday, September 19, 2016

The Prices of Electrolytic Manganese Flake 99.7% Still Rise

Today, the main prices of electrolytic manganese flake 99.7% are about RMB11,000-11,200/mt, rise about RMB100/mt, and the export prices are about USD1,660-1,710/mt. Because of higher price, more and more enterprises increase EMM production, while the latest tr...

Monday, September 19, 2016

Overcoming the Second Major Steel Crisis

[www.ferro-alloys.com] At the G20 Summit in Hangzhou, some world leaders criticized China for its steel overcapacity. Before the summit, U.S. lawmakers, and trade unions and associations had urged President Barack Obama to blame China's trade practices for U.S...

Monday, September 19, 2016

Iron, Steel Economic Zone to Spur Development

[www.ferro-alloys.com]President Lungu’s declaration of Kafue as an iron and steel economic zone is aimed at creating a platform for Zambia to achieve economic development by attracting significant domestic and foreign direct investment (FDI) through a strengt...

Monday, September 19, 2016

China's FeCr Market Overview on Sept 19

[Ferro-Alloys.com]China's major stainless steel mills released their tender prices for high-carbon ferrocrhome in September. Baosteel and Tsingshan kept their tender prices unchanged compared to August, while TISCO lowered its tender price by rmb50/mt 50% cr b...

Monday, September 19, 2016
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