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French special steelmaker Ascoval, part of the British Steel group, is to supply 140,000 tonnes per year of semi-finished products, rectangular blooms, to rail manufacturing specialist BSFR (British Steel France Rail) to be processed into rails for the SNCF Réseau national train network at its plant in Hayange, France.
The Chinese government has approved a seventh round of copper scrap import quotas for this year at lower volumes compared to the previous batch, Fastmarkets has learned.
Hebei Steel, China’s second largest steel mill, released its purchase price for silico-manganese at 5,950 yuan ($844) per tonne for December delivery, down by 150 yuan per tonne from its November tender price, market sources told Fastmarkets on December 4.
Global nickel premiums were unchanged in the week ended Tuesday December 3 amid limited spot activity while participants were busy focusing on long-term contract negotiations or celebrating regional holidays.
Taiwanese buyers of zinc ingot have signed 2020 annual supply contracts with major zinc producers at lower premiums compared with this year, sources with knowledge of the matter told Fastmarkets.