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Iron Ore Surges Past $55 as Rio Tinto Exits Simandou

[www.ferro-alloys.com]The two events may not be directly connected, but it's likely that Rio Tinto's (NYSE, LSE: RIO) decision to shelve its huge Simandou iron ore project in Guinea bid up the price today.

Wednesday, July 6, 2016

Review of China’s Chrome Market in Q2 2016 and Outlook

[Ferro-Alloys.com]2015 saw great challenge for China’s stainless steel industry as the prices of stainless steel products continued to hit new low. In the meantime, tender prices for high-carbon ferrochrome from China’s major stainless steel mills fell drama...

Wednesday, July 6, 2016

China's Chrome Ore Market Overview on July 6

[Ferro-Alloys.com]Chrome ore market remains stable, waiting for the high-carbon ferrochrome price. And the chrome ore market will be lead by the new tender prices.

Wednesday, July 6, 2016

China's FeCr Market Overview on July 6

[Ferro-Alloys.com]China's high-carbon ferrochrome prices remains stable, waiting for the release of tender price of TISCO.

Wednesday, July 6, 2016

China's Iron and Steel Industry PMI Falls 45.6% in June

[Ferro-Alloys.com] China's iron and steel industry PMI index fell 45.6% in June, down 2.4% compared to last May, especially the decline is most from in Hebei province, continued to shrink down from 3.4% to 41.2%. It showed this year the steel industry would ...

Tuesday, July 5, 2016

China's Hebei Steel to Lower Rebar, Wire Rod Prices for Early Jul

[Ferro-Alloys.com] Hebei Iron & Steel, the largest steel long product maker in Northern China has announced its construction steel guidance prices for early July contracts. The company’s prices for HRB400E rebar with diameters of 16mm~25mm will decrease by ...

Tuesday, July 5, 2016

Stainles Steel Prices Increase Further, due to Nickel Prices Rebound

[Ferro-Alloys.com] In the beginning of this week, Nickel prics increased above to US$10000/ton. Yesterday (Jul. 4th), the stainless steel selling price was increased about US$47-63/ton. According to LME, Nickel price increased to US$10300/ton today (Jul. 5th),...

Tuesday, July 5, 2016

China's Tisco to Cut HR Steel Prices for July

[Ferro-Alloys.com] China’s Taiyuan Iron & Steel Group (Tisco), one of the major steelmakers in China announced to cut its list prices for hot rolled steel for July this year. The company has decided to cut its hot rolled steel prices were at RMB200/ton for Ju...

Tuesday, July 5, 2016
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