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Base Metals Slide On The SHFE As Tin Leads The Decline
Base metals prices on the Shanghai Futures Exchange (SHFE) moved lower during morning trading on Friday January 16, with tin recording the sharpest decline across the complex. The move reflected a more cautious stance among market participants, following recent sharp...
The Italian Steel Market Between Caution, Regulatory Pressure And A New Balance
January opens with an Italian steel market still lacking momentum, as the return from the holiday period has failed to trigger the volume recovery many operators were expecting. The overall tone remains cautious, with limited trading activity, construction sites...
UG2/MG Chrome Ore Prices Rise On Renewed Buying Interest And Stronger Downstream Markets
Prices for South African UG2/MG chrome ore increased further during the week to Tuesday January 13, supported by renewed buying interest and stronger downstream markets, which helped restore a bullish market sentiment. According to trade sources, stronger alloy and...
Yongjin Targets Vietnam With A 2-Million-Tonne Green Stainless Steel Mega Project
China’s leading stainless steel producer Yongjin Corporation has announced a $380 million investment to build a 2-million-tonne-per-year green stainless steel project in Vietnam. The initiative represents a key step in the group’s international expansion strategy and...