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NSSC cuts 300-series prices, but rolls over 400-series for Sept

NSSC's original price cut was decided through its alloy surcharge formula to reflect nickel, ferrochrome prices and exchange rate, which was translated to a reduction of Yen 30,000/t for 300-series CRC and plates and Yen 10,000/t for 400-ser...


NBS: China's Aug CPI and PPI rise 2.5% and 2.3% YoY

Despite the resurgence of COVID cases and extreme temperatures across the country, China's consumer market went smoothly in general last month, as national policies to stabilize the supply of commodities took effect, noted Dong Lijuan, a sen...


Japan's scrap export tender price for Sept jumps $62/t

The alliance only accepted the top bid in this month's tender which totalled 15,000 tonnes, a Kanto Tetsugen official said, adding that the winner plans to ship the scrap to Vietnam or Bangladesh. Friday's tender attracted 16 bids for a tot...


CAAM: China's auto sales in Aug jump 32% on year

Compared with July, last month's total vehicle sales slipped by 1.5% on month to 2.4 million units, while output amounted to 2.4 million units, easing by 2.4% on month, CAAM's data showed. In the first eight months of 2022, China's tota...


China's 16 key property developers see Aug sales improve

An Industry insider suggested that although sales showed signs of recovering last month, "the performance of the property market in September will be crucial to the improvement of market sentiment," he said. "With the arrival of the traditi...


India: Export tax rollback on the cards?

Wait-and-watchReliable industry sources indicated that there have been hectic parleys within government circles on the 15% export levy. And the price decline has also been noted within the commerce ministry which had imposed the tax. But the...


India: NMDC rolls over iron ore prices for September

NMDC fixed prices for lump iron ore (65.5%, 6-40mm) at INR 4,100/t, DR CLO (Fe 67%, 10-40mm) at INR 4,920/t and iron fines (64% – 10mm) at INR 2,910/t with effect from today. Reasons for potential price freeze Odisha iron ore prices stab...


Japan's scrap market worries typhoon impact on SK mills

Japan's scrap market worries typhoon impact on SK mills...


POSCO: Pohang's BFs to restart by Saturday after floods

POSCO: Pohang's BFs to restart by Saturday after floods...


MYSTEEL: China's Aug crude stainless output down 6.1%

MYSTEEL: China's Aug crude stainless output down 6.1%...