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The following MB non-ferrous European free market scrap prices changed on Friday October 24:
China’s manganese ore imports increased last month as prices continued to slowly move higher.
Chinese chrome ore and ferro-chrome imports fell from year-earlier levels last month amid an oversupplied local market.
China’s imports of steelmaking raw materials remained mixed in September, with shipments of iron ore posting increases on a year-on-year basis while volumes of coking coal and ferrous scrap continued to fall.
Summary of China’s ferro-alloys imports in September.
China’s imports of nickel ore retracted last month as prices drifted downward and the rainy season in the Philippines began.
Anglo American has raised its full-year production guidance for nickel from 32,000-35,000 tonnes to 35,000-37,000 tonnes, it said on Thursday October 23.
China’s Zhangjiagang Pohang Stainless Steel (ZPSS) has again cut its weekly nickel pig iron (NPI) delivery price, further dampening an already depressed market.
Good morning from Metal Bulletin’s London HQ. Here are the key stories for the start of the day in Asia.
The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday: