China's Ministry of Finance said Monday the country's export tax on indium will be lowered to 2% in 2014 from the current 5%. The cut follows years of lobbying by Chinese producers, who claim the tax has encouraged smuggling. China ...
Tags: Indium Export, Metallurgy
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China Wednesday held steady on the week at Yuan 6,850-7,000/mt (85-86.5 cents/lb), on a delivered basis including 17% VAT, despite a cut in the December bid price by Jiuquan ...
Tags: high carbon ferrochrome, Energy
The spot price for South African charge chrome (48-52% Cr) was assessed at 83-84 cents/pound CIF China Friday, down from 83-85 cents/lb CIF China assessed the previous week, amid slow demand. The spot price of Indian-origin high carbon ...
Tags: Metallurgy, Mineral, Energy
Domestic spot prices of high carbon ferrochrome (basis 50% Cr) in China continued to cweek on week at Yuan 6,850-7,000/mt (85-86.5 cents/lb), on a delivered basis including 17% VAT, amid little change in market fundamentals, sources said ...
Spot prices for high carbon ferrochrome and charge chrome imported into China remained steady this week with trade activities remaining muted as buyers stayed on the sidelines ahead of the settlement of November bid prices by Chinese major ...
It’s reported that Nippon Steel & Sumikin Stainless (NSSC) announced to cut domestic prices for its austenitic and ferritic stainless rods by ¥15,000/ton and ¥5,000/ton for September-November contracts. NSSC said that it ...
Tags: Stainless Rod, Mineral
Russian mining and steelmaking company Mechel has announced that it has signed an agreement for the disposal of several ferroalloys assets to Turkey-based privately-owned diversified industrial group Yildirim Group. According to the ...
Tags: Yildirim Group, Mineral
Reportedly, the Chinese steel giant Baosteel announced to cut its export prices for austenitic stainless steel coils by US$100/ton due to lower nickel prices. The official of Baosteel stated that the company decided to cut austenitic ...
Tags: Baosteel, Austenitic Stainless
It's reported that South African ferrochrome supplier Merafe Resources Company stated that they have reached with the European stainless steel mills ferrochrome contract price for the third quarter at 112.5 cents / lb., falling by 14.5 ...
Tags: steel
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless producer in Japan announced to remain the domestic ‘miseuri’ or spot sales prices for stainless cold rolled coils (CRC) and plates unchanged for July contract. ...
Tags: Stainless CRC Prices, Mineral
Reportedly, Finish stainless steel producer Outokumpu announced to start its new ferrochrome works at its plant in Tornio. It’s learned that the company has invested approximately €410 million for the project. ...
Tags: Tornio, Construction&Decoration, Outokumpu
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to leave its domestic prices stainless cold rolled coils (CRC) and plates unchanged for June in order to reflect lower nickel prices and ...
Tags: NSSC, CRC Prices, Construction&De
Taigang Stainless, the largest steelmaker in China announced to raise its export prices for 400 grades stainless steel products by US$10/ton for July delivery, in order to reflect higher ferrochrome prices. After the adjustment, its export ...
Tags: Taigang Stainless, Stainless
Indian steel giant Tata Steel has announced that it expects to register an impairment charge of $1.6 billion for the financial year ended March 31, 2013, as a result of its review for the period in question. The company attributed the ...
Tags: Tata Steel, Mineral
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to raise its domestic prices for ferritic cold rolled coils (CRC) by 10,000/ton for May contract in order to reflect higher ferrochrome prices. ...
Tags: NSSC, CRC Prices