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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.

Thursday, March 1, 2018

Higher iron ore prices boost profit at Vale

[Ferro-Alloys.com]Brazil’s Vale reported a 38 per cent increase in net profit last year compared with a year earlier as higher iron ore prices bolstered the world’s biggest producer of the mineral.

Thursday, March 1, 2018

Iron ore price jumps to 10-month high

[Ferro-Alloys.com]Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world's steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter.

Tuesday, February 27, 2018

HSBC Asset Management favours Chinese commodity stocks, based on strong government reforms

[Ferro-Alloys.com]Coal overcapacity slashed 15pc in the past two years, while that in iron and steel has been cut 10-15pc after successful government-led supply side reforms

Tuesday, February 27, 2018

China data: Jan crude imports hit record high at 9.61 mil b/d, up 19% on year

[Ferro-Alloys.com]China's crude oil imports rose 19.4% on the year to a historic high of 40.64 million mt, or 9.61 million b/d, in January, rebounding from December, preliminary data released Thursday by the General Administration of Customs showed. The prev...

Monday, February 12, 2018

Prices for Mexico's domestic steel flats rise 3% for February

[Ferro-Alloys.com]Mexican domestic steel producers have raised their prices for hot- and cold-rolled sheet by around 3% for February deals, according to market sources.

Friday, February 9, 2018

Molybdenum Use in Steel

[Ferro-Alloys.com]In the molybdenum business, the steel industry is our largest customer. More than 70% of molybdenum’s first use is in steel.

Wednesday, February 7, 2018

China Molybdenum Luoyang : CMOC forecasts annual net profit to rise 170-190%

[Ferro-Alloys.com]The net profit attributable to equity holders for 2017 will increase by an amount between Rmb1.7 billion and Rmb1.9 billion, representing an increase between 170.33% and 190.37% as compared with 2016.

Friday, February 2, 2018
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