Chromium – New documents showing that India wants to cut its chromite exports may have big implications for the global market.
Articles Tagged "stainless steel industry"
Chromium – Oversupply in the ferrochrome market lingers and with expectations of bleak global demand for stainless steel, the biggest user of ferrochrome, worries are growing about the demand and supply equation for the chrome market in 2012.
Moly Investing News reports molybdenum imports into China soared. Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February. A total of 4,606 tonnes of moly concentrate or oxides were imported in February, 97 per cent higher than January. Imports of moly have surged because Chinese producers have found themselves largely unable [...]
Nickel Investing News reports nickel did not perform well in 2008, making it the worst performing commodity. Despite weak fundamentals, nickel has kicked off 2009 with a rapid upswing in value. In just 3 days, nickel gained approximately 40 per cent on a buying spree that followed the annual reweighting of the commodity indexes. Analysts were [...]
Nickel Investing News reports nickel futures are falling and companies are coping with this fall with restrategizing themselves. Many nickel miners are taking on new business strategies to cope with the price crash of nickel. Last week’s volatile stock market must have pushed many miners to reevaluate, as this week there has been a frenzy [...]