United States Steel Corporation has announced this week that its Lone Star Texas pipe factory would lay off 677 workers, due to weak demand in the energy sector. The company has not yet set the layoffs start date, but it will be temporary.
The plant to idle...
[Ferro-Alloys.com]It is reported that Chinese ferrosilicon producers finally became winner in price war with steelmakers after long time pain. On the one hand, suppliers in China have no longer competed with each other at lower price.
Taiwan’s Chung Hong has announced to hike its February steel list prices are at NT$200-1000/ton yesterday. It expects that Taiwan’s pipe producers will expect to increase steel pipe prices this Friday.
[Ferro-Alloys.com]It is reported that China totally imported more or less15.76 million tons of manganese ore in 2015 from last year 16.21 million tons according to data from Chinese Custom Statistics. The total import value of manganese ore in 2015 contracted...
The World Bank has lowered its 2016 price forecast for 37 of the 46 commodities it monitors and has warned that low prices for oil and other commodities are “likely to be with us for some time”.
At the beginning of each year, U.S. Global Investors puts out a fantastic visualization called the Periodic Table of Commodity Returns. This year’s version has an interactive design that allows users to sort returns by various categories including returns, vo...