Capacity utilisation of domestic steel industry is expected to pick up by about 5% in the current financial year on the back of protective measures laid down for producers to shield them from cheap imports and also because of a likely rise in demand for the co...
[Ferro-Alloys.com]China's ferrochrome production remains tough with strong chrome ore prices and unclear tender prices from stainless steel mills in September.
Recently, nickel prices fell due to the expected increase of domestic supply. Shanghai futures exchange data show that the nickel inventory is 109.5 thousand tons, refreshing the highest record of this year. The London Metal Exchange nickel stock is 372.4 thou...
[www.ferro-alloys.com]Cashed-up Chinese steel mills are chasing top quality iron ore to help increase output and meet Beijing’s tougher environmental standards, driving the premium for high-grade ore to its biggest in two years.
[Ferro-Alloys.com]The chrome ore market remains strong, extending the uptrend starting from April and running in the opposite direction of tender prices for high-carbon ferrochrome from major stainless steel mills.
The MEPS world average stainless steel price is expected to extend its slow recovery due to rising raw material costs and local supply tightness in several regions. The world average price for 304 cold rolled coil increased, marginally, this month, to a figure...