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Manganese Ore Prices Rise, But Stocks And Margins Restrain The Chinese Market
Prices for manganese ore destined for China increased in the week ended Friday September 4, supported by rising ferro-alloy futures, higher production costs and more expensive ocean freight. The movement affected both the seaborne market and the Chinese port market:...
Ferrous Scrap In China: Domestic Market Strengthens, But Imports Remain Weak
China’s ferrous scrap market went through August with two diverging dynamics. Domestic prices strengthened at the upper end of the range, supported by tighter material availability, rising steelmaking costs and improved margins at electric-arc furnace mills. The...
Ukrainian Steel Industry Under Attack, Kamet Steel Halts Production Completely
Ukrainian steelmaking capacity suffered another serious blow on September 5, when Kamet Steel and the Dnipro Metallurgical Plant, both located in the Dnipropetrovsk region, were struck by Russian missile attacks, according to official announcements from the two...
Northern European Stainless Steel: Higher Alloy Surcharges Fail To Stop Price Decline
The Northern European stainless flat steel market continues to move under pressure from weak demand. In the month ended September 7, prices for grade 304 and 316 cold-rolled sheet declined despite the moderate increase in alloy surcharges announced by mills for...