Minor Metals Company | Mysteel Global

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Tsingshan group reduces Jan ferro chrome purchase price Dec 27, 2019

Tsingshan group in China announced its January tender price for HC Ferro Chrome which is down by RMB 200 (USD 29) from December levels. The prices for Ferro Chrome were earlier dropped by RMB 400 (USD 57)/50 basis tons in December.
India: OMC chrome ore dispatches dropped 3.5% in Nov 19 Dec 13, 2019

Dispatches of Chrome Ore by Odisha miners have increased by almost 3% in Nov’19 M-o-M. TATA Steel remained the largest miner to dispatch 148,128 MT of Chrome Ore in Nov’19, which was 8% higher as compared to the previous month. TATA Steel held only 7% of the total quantity for captive use. Meanwhile, dispatches to TS alloys increased by 30% M-o-M with a quantity of 14,403MT, which was also 10% of the total dispatches from TATA Steel. Aarti Steel and Nava Bharat ventures remained the largest buyers of Chrome Ore from TATA Steel with 15% and 14% of the total dispatches.
FEATURE: Glencore adding long-term deals in cobalt sales Dec 09, 2019

The Switzerland-headquartered mining company Glencore will supply up to about 30,000 tonnes of cobalt hydroxide in pure metal to South Korea’s SK Innovation over 2020-2025 to meet the latter’s need to produce more electric vehicle (EV) batteries amid the anticipation on the prosperity in the global EV market, Mysteel Global notes from the company releases.
India: Tata Steel exports double in Q2 FY20 Nov 11, 2019

Tata Steel, India reported two fold increase in export volumes to 0.64 MnT in Q2 FY20 against 0.31 MnT in previous quarter. The guidance for exports for this fiscal will be around 2.4 MnT.
India: FeCr producers look inside on low global demand Nov 04, 2019

Indian Ferro Chrome market is equally dependent on exports as the consumption of Ferro Chrome in the domestic market stands at only 50% of the total sales. With the global market on a downturn, producers in India remained under pressure to conclude deals in the domestic market.
China’s NEV leader BYD sees Q3 profits plunge Nov 01, 2019

Sales of new-energy vehicles (NEVs) in China continue to show signs of stalling, given a series of negative factors including the prevailing softening economy, the county’s cooling automotive sector generally, and the reduction in subsidies for NEV purchases since late June, market sources said.
TS Alloys bags BC Mohanty’s Kamarda chrome mine Oct 28, 2019

According to sources, TS Alloys, a wholly-owned subsidiary of Tata Steel, emerged as the highest bidder for the Kamarda chrome ore deposits in Odisha, which was held by BC Mohanty and Sons, with a bid of 96.8% on Wednesday night soon after it bagged Misrilall Mine’s Saruabil deposits with a bid of 88.5% premium.
India: OMC increases base price of chrome ore by 15% Oct 25, 2019

The Odisha Mining Corporation Ltd intends to sell various grades of chrome ore (friable) produced at South Kaliapani chromite mines and Sukrangi chromite mines of OMC Ltd in the Sukinda valley of JK Road Region, Jajpur Dist Odisha. OMC Ltd has decided to use the service of MSTC Ltd (a Govt. of India Undertaking) to conduct e-auction for selling off its (OMC) chrome ore. OMC increased the base prices of all grades of Chrome Ore by 15% for October Chrome Ore Auctions in line with the shortage of chrome ore availability with the producers.
FEATURE: China’s NEV frenzy cools down, for now Oct 21, 2019

Domestic production and sales of new-energy vehicles (NEVs) across China are showing signs of weakness, largely as a consequence of the central government’s move to reduce generous subsidies on NEVs that over the past few years had helped automakers to enjoy substantial growths in electric car sales.
Glencore, China’s GEM, sign 5-year cobalt supply deal Oct 09, 2019

Swedish mining giant Glencore and Chinese battery material manufacturer GEM Co. have entered into a five-year agreement under which Glencore will provide a minimum of 61,200 tonnes of cobalt hydroxide for GEM between 2020 and 2024, according to an announcement released on Glencore’s website on October 7.
H1 profits for China’s auto makers down on lower sales Sep 06, 2019

The semi-annual reports released by some major Chinese automobile producers over the past few days showed that most witnessed declines in their H1 net profit from softening sales amid the overall weakness in the country’s auto industry, Mysteel Global has learned. However, some makers of new energy vehicles (NEVs) still earned good profits during the half.
China Molybdenum’s H1 moly output down 8% on year Aug 30, 2019

Molybdenum output during the first half of this year at Shanghai- and Hongkong-listed China Molybdenum Co (CMOC) reached 7,302 tonnes in 100% moly content, down by 8.2% from the same period last year amid the degradation in its reserves, according to the company’s semi-annual report released on August 28.
Plummeting cobalt prices strike Huayou Cobalt’s H1 profit Aug 30, 2019

Zhejiang Huayou Cobalt Co, one of China’s major cobalt producers headquartered in Zhejiang province in East China, witnessed a sharp on-year decline of 97.8% in its H1 net profits, even though the company’s production and sales of cobalt products increased on year, according to Huayou’s semi-annual report released on August 29.
China’s Shandong still dealing with aftermath of Lekima Aug 15, 2019

Shandong province in East China is still dealing with the damage after the Typhoon Lekima slammed the region on August 11-12, and industrial enterprises such as nonferrous smelters and steel mills have their operations affected, Mysteel Global understood from the local companies on Wednesday.
Alumina supply tightens as Shanxi punishes polluters May 14, 2019

Inspectors from the local government of North China’s Shanxi province have begun investigating complaints that alumina plants in the province are responsible for serious leaks from sludge dumps that are causing pollution. Thus, market sources fear alumina supplies could be significantly affected.
Vale’s nickel, copper production decline in Q1 May 09, 2019

Nickel and copper production at Brazilian mining giant Vale declined during this year’s January-March quarter from October-December, mainly due to lower mill processing rates and maintenance at some of its works, according to the company’s Q1 production report released on May 8.
Jinduicheng Molybdenum to produce more moly in 2019 Apr 15, 2019

Shanghai-listed Jinduicheng Molybdenum Co (JDC Moly), a leading molybdenum producer headquartered in Northwest China’s Shaanxi province, plans to produce 48,000 tonnes of moly concentrate (at 45% moly content) this year, according to its 2018 annual report released on April 12.
China Molybdenum to maintain a flat moly output for 2019 Apr 01, 2019

The Shanghai- and Hongkong-listed China Molybdenum Co (CMOC), will keep its molybdenum output stable at 14,500-16,000 tonnes in 100% moly content amid the degradation while a possible higher demand from domestic stainless sector, according to its annual report released on March 29.
Outside alumina sales give Hongqiao a boost in ‘18 Mar 28, 2019

A shrewd tweak of its business plan last year saw China Hongqiao Group, the country’s leading privately-owned integrated aluminum producer, double the share that sales of alumina enjoyed in its overall business, the Shandong-headquartered company’s latest annual report shows.
China’s tungsten ore price rises on tight supply Mar 07, 2019

Chinese prices of tungsten concentrates have reversed up from a six-month low, thanks to support from the tight supply of raw ores, with the price for W 65% or higher gaining by Yuan 1,500/tonne ($224/t) week on week to reach Yuan 97,000/t including the 16% VAT as of March 6, according to Mysteel’s database.

Pre 1 2 3 Next

Product	Grade	Size	Price	Chg	Port
Billet	3SP/Q235	150*150	490	0	Tianjin
Rebar	HRB400	20*12	500	-10	Tianjin
HRC	Q235B	5.51500C	518	-15	Talian
Plate	Q345B	1218002000	515	-20	Tianjin
CRC	SPCC	1.0*1250	535	0	Tianjin
Galvanized	SGCC	0.31000C	665	0	Tianjin

Company

Tsingshan group reduces Jan ferro chrome purchase price Dec 27, 2019

India: OMC chrome ore dispatches dropped 3.5% in Nov 19 Dec 13, 2019

FEATURE: Glencore adding long-term deals in cobalt sales Dec 09, 2019

India: Tata Steel exports double in Q2 FY20 Nov 11, 2019

India: FeCr producers look inside on low global demand Nov 04, 2019

China’s NEV leader BYD sees Q3 profits plunge Nov 01, 2019

TS Alloys bags BC Mohanty’s Kamarda chrome mine Oct 28, 2019

India: OMC increases base price of chrome ore by 15% Oct 25, 2019

FEATURE: China’s NEV frenzy cools down, for now Oct 21, 2019

Glencore, China’s GEM, sign 5-year cobalt supply deal Oct 09, 2019

H1 profits for China’s auto makers down on lower sales Sep 06, 2019

China Molybdenum’s H1 moly output down 8% on year Aug 30, 2019

Plummeting cobalt prices strike Huayou Cobalt’s H1 profit Aug 30, 2019

China’s Shandong still dealing with aftermath of Lekima Aug 15, 2019

Alumina supply tightens as Shanxi punishes polluters May 14, 2019

Vale’s nickel, copper production decline in Q1 May 09, 2019

Jinduicheng Molybdenum to produce more moly in 2019 Apr 15, 2019

China Molybdenum to maintain a flat moly output for 2019 Apr 01, 2019

Outside alumina sales give Hongqiao a boost in ‘18 Mar 28, 2019

China’s tungsten ore price rises on tight supply Mar 07, 2019

Daily Prices

Prices Summarization

FOB prices of steel products on August 6