Use of Vanadium in Indian Steel Industry: Time for India to transit from R&D stage to Production

Chinese producers want to cut production volume in order to save price dropping in this week.

The prices of ferroalloys dropped over 10% in one week, and the producers of ferroalloys in China discussed online to cut down output by 40-50% right now to save market. details as per

In 2021, US imports of HRC totaled 3.4mnt, with CRC imports at 1.71mn t and HDG imports at 2.69mn t.

Efforts should also be made to ensure stable supplies and prices, he said.

The Argus 62pc index stood at $129.10/dmt on 17 May, down by 40pc on the year.

The 2205 ferrosilicon contract price on ZCE closed at 8776 yuan per ton on May 19.

UK-Australia resources firm Rio Tinto expects to benefit from an increased demand for metals and minerals needed to tackle climate change.