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...

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.

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...

JSE-listed Chrometco has entered into conditional agreements with commodity trading company Sail Minerals that will result in Sail acquiring just less than 90% of Chrometco.

[Ferro-Alloys.com]China's ferrochrome industry is faced with pressure from both ends. On the one hand, monthly imported ferrochrome hit history high in both June and July with average amount of 0.32 million tonnes, putting China's ferrochrome industry in jeopa...

[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.

Chinese iron ore and steel futures rallied on Friday, breaking a six-day losing streak after hitting one-month lows in the previous session, amid hopes of stronger demand for the metal and its feedstock after the G20 summit. Iron ore rose almost 4 percent bef...