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Operating Rate at Chinese Zinc Oxide Producers Expected to Fall Further in June 2014
SHANGHAI, Jun. 20 (SMM) – Average operating rate at Chinese zinc oxide producers is expected to fall further in June from 60.1% in May as a low-demand season sets in, Shanghai Metals Market foresees. [View Details] -
Stainless Steel Scrap: Dramatic Period for Both Europe and USA
UNITED STATES June 13 2014 NEW YORK (Scrap Register): Two leading experts in the field of stainless steel scrap highlighted fundamental developments on both sides of the Atlantic at the latest BIR Stainless Steel & Special Alloys Committee meeting, held in Miami. [View Details] -
According to China Customs, China exported 8.07 million mt of finished steel during May, up 7.0% MoM and 49.2% YoY. Imports during May totaled 1.22 million mt, down 6.2% MoM and 2.4% YoY. China’s finished steel exports for May hit a new record high and even beat Steelease’s forecast, with strong exports driven largely by the continuous RMB depreciation and higher profits for exports compared to domestic sales. China’s finished steel exports during June are expected to fall slightly, but should remain high. [View Details] -
Aluminium Ore Producers of Indonesia Delay Refinery Projects on Legal Uncertainty
Bauxite (Aluminium Ore) Producers are putting delay on the plans to construct alumina refineries in Indonesia because of the legal uncertainty in the ore export ban imposed in January. [View Details] -
EU Steel market prices under pressure in June so far: MEPS
Activity in the European flat products sector is unseasonally quiet in June so far. Although underlying demand is slowly recovering in several countries, it remains a buyers’ market, said MEPS International in a research note. [View Details]
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