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Revitalised demand growth to buttress molybdenum prices
[Ferro-Alloys.com] Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high. |
ATI files US steel tariff exemption request for Tsingshan JV
[Ferro-Alloys.com]Allegheny Technologies has filed a Section 232 tariff exclusion request with the US Department of Commerce on behalf of its recently formed joint venture with China's Tsingshan Group, the US-based specialty steelmaker said Tuesday. |
China's “ Belt and Road” policy could bring in $1.3 trillion demand for iron ore
[Ferro-Alloys.com]China's “ Belt and Road” policy could generate $1.3 trillion in demand for iron ore, according to BHP billiton, the world's largest steel producer. |
Iron ore cost-effective for steel mills as price diverges from scrap
[Ferro-Alloys.com]Some Chinese steel mills are responding to the strong domestic scrap price by switching back to using higher proportions of iron ore in the burden mix. |
China’s refinery crude steel output rises 7.3% in January-February
[Ferro-Alloys.com]China's refinery crude throughput rose 7.3% year on year to 93.4 million mt, or an average 11.6 million b/d, over January-February, according to preliminary data released Wednesday by the National Bureau of Statistics. |
US steel sheet buyers wait on tariff clarity amid sparse openings
[Ferro-Alloys.com]Spot availability remained limited in the US steel sheet market on Wednesday as mills and service centers await clarity surrounding President Trump's tariff decision. |
US Steel plans to restart Granite City Works
[Ferro-Alloys.com] US Steel will restart one of two blast furnaces and the steelmaking facilities at its Granite City Works sheet mill in Illinois to support anticipated increased demand for domestic steel in the US pending tariffs on steel imports announced b... |
Chinese steel futures edge lower on weak demand
[Ferro-Alloys.com]Chinese steel futures ran out of steam, inching slightly lower on Wednesday, as demand remained weak, but the contract held near its highest in almost three months. |
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