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Chinese Shougang Steel Knocked Down Its Jan Bidding Price of FeMn

[www.ferro-alloys.com] The January bidding price of high carbon ferromanganese 65# was RMB3350/mt by Chinese Shougang Steel, which is no change than last month, and the purchase volume was 1700 tons. The price of low-phosphorus low-silicon medium carbon ferrom...

Friday, January 22, 2016

Some Chinese SiMn Traders Suspended Purchasing Before Spring Festival

[www.ferro-alloys.com] The quotation of silicon manganese 6517 reached its highest point of RMB4500/mt in China on January 20th of 2016. In total, the mainstream price of Chinese silicon manganese 6517 has risen as high as RMB400-500/mt during the past one m...

Friday, January 22, 2016

Zimbabwe: Govt Sets Up SPV Assist Chrome Miners

GOVERNMENT has set up a special purpose vehicle (SPV) to assist small scale chrome miners export the mineral.

Friday, January 22, 2016

Latin America’s finished steel imports rise from China in Jan-Nov last year

Latin America iron and Steel Institute (Alacero) statistics showed, in the first eleven months of 2015, Latin America imported 7.6 million tons of finished steel from China, an increase of 2% year on year. Meanwhile, Chinese finished steel exports amounted ...

Thursday, January 21, 2016

Japan’s NSSMC to supply titanium alloys steel for Aero-Engine

Japan's largest steelmaker Nippon Steel & Sumitomo Metal Corporation, has announced that the company has agreed supply of aircraft engine titanium alloy steel for France aero-engine manufacturer Snecma. Nippon Steel will be the first provided of titanium al...

Thursday, January 21, 2016

Vietnam’s Scrap Steel Imports Decline in 2015 y-o-y

According to statistics, in December 2015, Vietnam imported 265,000 tons of scrap steel, an increase of 20.1% year on year. The imports amounted to US$46.58 million.

Thursday, January 21, 2016

Chinese Steel Production is Expected to Decline in 2016

According to statistics released on Tuesday showed that China's steel output has dropped by 2.3% year on year to 803.83 million tons, down by 5.2% month on month to 64.37 million tons. China's steel production fell for the first time since 1991.

Thursday, January 21, 2016

South32 Maintains 2016 Guidance despite Lower Q2 Output

Diversified spin-off South32 on Thursday reported that it was on track to meet production guidance for the majority of its upstream operations, despite reporting a drop in second-quarter and half-year output.

Thursday, January 21, 2016
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