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Molybdenum oxide market sees stalemate between buyers, sellers

[www.ferro-alloys.com]Molybdenum oxide trading all but halted Tuesday in a stalemate between buyers and sellers, with no transactions reported and little in the way of firm bids or offers seen. The Platts daily dealer molybdenum oxide assessment spread narrow...

Tuesday, June 7, 2016

Steel and Iron Ore Futures in China Suffer Worst Month in This May.

[www.ferro-alloys.com] It is reported that the future of steel and iron ore in China are on the track to suffer its worst month since 2009. Contracts for steel rebar in Shanghai Futures Exchange have fallen 28% from their highs in April, and 22% in this month...

Tuesday, June 7, 2016

Taiwan’s Feng Hsin Decides Not to Open New Scrap Purchasing Prices Next Week

[www.ferro-alloys.com] Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced not open new rebar purchasing prices next week, remained unchanged for two consecutive weeks. Due to coming Taiwan’s Dragon Festival holiday in ...

Tuesday, June 7, 2016

China’s Shagang to Keep Wire Rod Prices Unchanged for Early June

[www.ferro-alloys.com] China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for June. The company decided to keep cut its prices for wire rod remained unchanged for early June. The prices for 40~60 hard wire rod thickn...

Tuesday, June 7, 2016

Hong Kong's Scrap Exports Fall in April

[www.ferro-alloys.com] According to statistics, in April this year Hong Kong exported 94,000 tons of scrap steel, down by 7.2% year on year, fell for two consecutive months, down by 13.9% month on month. Among them, Hong Kong exported 28,000 tons of scarp to V...

Tuesday, June 7, 2016

China's Iron Ore Imports Increase More Than Billion Tons for Two Weeks

[www.ferro-alloys.com] According to statistics, by the end of May 27, Chinese 45 major ports imported 101.86 million tons of iron ore, rose by 80,000 tons compared with the previous week, for 2 weeks above 1 billion tons. Among the past week, China imported ...

Tuesday, June 7, 2016

CIS Steel Billet Export Prices Decline for Consecutive Weeks

[www.ferro-alloys.com] Over the past week, CIS steel billet export market remained weak, the prices declined by US$10/ton, to US$350~360/ton, declined for four consecutive weeks In the meantime, CIS steel billet prices offer to Turkey down by US$5/ton, to US...

Tuesday, June 7, 2016

SHFE Nickel Closes with Big Gains (Jun. 6, 2016)

SHFE 1609 nickel started higher at RMB 68,100/mt for night trading last Friday and grew to RMB 68,250/mt. The contract later ranged RMB 67,700-68,000/mt, to close at RMB 67,740/mt.

Monday, June 6, 2016
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