The Financial Times reported that Pavel Fedorov, vice president of major nickel producer Norilsk Nickel (MCX:GMKN), has warned that nickel prices are unlikely to rise unless “lossmaking producers start to shut mines and close production.”

New Caledonia will remove restrictions on the sale of nickel ore to China, according to a report in the Australian newspaper that cited no sources.

[Ferro-Alloys.com]Australian Vanadium Ltd (ASX:AVL) has positioned itself as a front-runner to benefit from the positive signs of growth in vanadium demand as it applies to the energy storage market.

Russia has delivered to South Korea 10kg of molybdenum-100 (Mo-100), which was produced as part of a cooperation project between the Electrochemical Plant (ECP - part of fuel company Tvel) and

[Ferro-Alloys.com]Chinese steelmaker Shagang Group announced to raise its rebar prices by RMB300~350/ton

[Ferro-Alloys.com]China’s Baosteel Group has announced to raise its prices for medium plate by RMB100/ton in March.

[Ferro-Alloys.com]In 2015, molybdenum earned the dubious distinction of being the year’s worst-performing metal. Plagued by the twin issues of oversupply and low demand, molybdenum prices fell a whopping 49 percent during the period.

Due to the shortage supply of scrap material source, most Taiwanese rebar mills have only offered limited rebar sales allocation for this week. It is said most of rebar mills should only offer 20,000 tons of rebar sales allocation to its buyers and most of...