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Supply-Side Reforms Are Going to Lift Base Metals (Feb 29th-Mar 4th)

[www.ferro-alloys.com] Since mid February, nickel price London Metal Exchange (LME) has shown an optimistic and positive trend. From Feb 12nd to Mar 3rd, nickel price has advanced from $7750 to $8990. The dynamic mentioned above continued during last week mate...

Monday, March 7, 2016

OM : Hanwa CB Extension

[Ferro-Alloys.com]The Board of OM Holdings Limited ("OMH" or "the Company") is pleased to advise that it has today reached an agreement and executed with Hanwa Co., Ltd ("Hanwa") an Amendment and Restatement Agreement ("ARA") in respect of the Convertible Note...

Monday, March 7, 2016

The Price of SiMn Products Increased with the Upstream and Downstream Products (Feb 29th-Mar 4th)

[www.ferro-alloys.com] The price of Chinese silicon manganese products continued to rise in the past week. The mainstream price of silicon manganese 6517 was RMB5200-5300/mt in Ningxia, the mainstream price of silicon manganese 6517 was RMB5200-5300/mt in Inne...

Monday, March 7, 2016

The Operating Rate Didn’t Rise Obviously While the Demand Became Stronger (Feb 29th-Mar 4th)

As for the spot price of manganese ore in main Chinese ports, it nearly marked up every day. The price of RMB29-30/mtu became the new normal, and some ore types were quoted at RMB34-35/mtu. The price increased as highly as RMB10-15/mtu than the price of Januar...

Monday, March 7, 2016

US mills announce to increase steel flat prices

Recently, the US Nucor and other major flat steel products manufacturers have announced to increase steel flat prices by US$30/ton. Nucor, ArcelorMittal USA and SSAB USA companies have informed the customers about the price increase in new orders for hot ro...

Friday, March 4, 2016

Taiwan’s Dragon Steel announces to hold its wire rod prices flat for Apr-May

Dragon Steel, the subsidiary company of Taiwan's China Steel Corp., has announced to hike its list prices for Electric Furnace (EF) Al-killed wire rod wire rod prices flat for April-May. After the prices announcement, those for low carbon wire rod prices are a...

Friday, March 4, 2016

China’s Shagang to hike HRC, medium plate prices for March

China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for March. The company decided to hike its prices for HRC by RMB150/ton. After the adjustment, its prices for Q235 HRC with thickness of 5.5mm are at RMB2,280/ton. Th...

Friday, March 4, 2016

US’s steel imports fall in January, fall to 5-year high

United States Commerce Department data showed in January 2016, United States imported 2.34 million tons of steel, down by 41.3% year on year, for 10 consecutive months declined. Among them, US’s steel pipes and hot rolled coil imports have increased sharpl...

Friday, March 4, 2016
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