Nickel trade might be a small portion of the dry bulk market, but still it’s one that can bear fruits to savvy dry bulk owners, given the positive market fundamentals. In a recent report, shipbroker Banchero Costa said that “nickel is most commonly used to make...
Hunan Chuangda, one of China’s largest ferro-tungsten exporters, has halted its tungsten operations and is switching focus to vanadium, a source at the company told Fastmarkets. “It is our normal strategy to change priority of production from tungsten to vanadium...
Chinese-owned Tsingshan, the world’s top stainless steelmaker, is prepared to offer fixed-priced long-term contracts that have no alloy surcharge – a move that could change the way the metal is priced globally, an industry veteran told Reuters. Tsingshan, which...
Stainless steel major Jindal Stainless Steel (Hisar) Ltd will soon commission its 50,000 tonne per annum (tpa) long products plant, said a senior official in the group on Wednesday. He said Jindal Stainless was planning to triple its share in the...
The latest news and price moves to start the Asian day on Wednesday October 17. Base metals prices on the London Metal Exchange recorded mixed moves at the close of trading on Tuesday October 16, broadly supported by a weaker dollar index in the United States and a...
