The European Commission announced Aug. 8 an anti-dumping investigation for certain non-ferrous products originating from countries such as Egypt, India, Japan and Vietnam.
Ferro silicon prices in India were INR 88,400/t ($1,053/t) exw-Guwahati, as an assessment on 12 August. Bhutan's prices also fell by INR 1,200/t ($14/t) w-o-w to INR 89,800/t ($1,069/t) exw.
Vietnam's finished steel production is projected to hit 30 million tonnes this year, marking a 7% annual increase, according to the Ministry of Industry and Trade (MoIT).
Jindal Stainless, India’s largest stainless steel manufacturer, has announced the commissioning of its Nickel Pig Iron smelter facility located in an industrial park in Halmahera Islands, Indonesia, eight months ahead of the scheduled timeline.