News

Cobalt: Yantai Cash supply may be disrupted

Roskill view: Supply might be disrupted at Yantai Cash in August and September owing to environmental inspections in Shandong Province. Metal Bulletin reported that local governments have ordered industrial producers in the region to suspend production during this period. Yantai Cash was established in 2001 and started to hydrometallurgically process… Read more

Steel Alloys: H1 2017 trade in review for chromium

In H1 2016, chrome prices were at six-year lows but in H2 2016 there was a dramatic recovery. By Q3, chrome ore prices had recovered to their highest levels since the global economic downturn. This was mostly driven by Chinese demand for South African ore for ferrochrome production, which improved… Read more

Steel Alloys: H1 2017 trade in review for vanadium

Throughout 2016, ferrovanadium prices recovered having started the year at their lowest levels since 2003. In H1 2017, steady price recovery continued with prices averaging US$25/kg in Q1 and increasing to US$27/kg in Q2.  It had looked like modest increases were set to continue into Q3, with July prices averaging… Read more

Steel Alloys: H1 2017 trade in review for molybdenum

Molybdenum prices experienced varying trends in H1 2017 following a period of stagnation in 2016.  Ferromolybdenum prices increased to US$5.54/lb in April, their highest level for two years.  The increase in prices was the result of growing demand for molybdenum from stainless steel producers and the prolonged closure of producers… Read more

Magnesium compounds: Chinese prices surge in 2017

Roskill view: Prices of Chinese dead burned magnesia exports have risen by up to 20% since the end of 2016, following supply shortages due to China’s tougher environmental protection inspections at magnesite mines and magnesia plants. Back in April 2017, China’s Ministry of Environmental Protection (MEP) announced the largest national-level… Read more

Nickel: Differing fortunes for nickel producers.

Roskill view: BHP Billiton has unveiled an upgrade plan to its Kwinana refinery (part of its Nickel West Operation in Western Australia), to produce 100,000tpy of nickel sulfate which will allow it to target the booming battery sector. Subject to approvals, first production will be reached in April 2019 and… Read more

Cobalt: CDI changes name to Cobalt Institute

Roskill view: The Cobalt Development Institute is changing its name to the ‘Cobalt Institute Ltd’ (CI) to better reflect the activities of the organisation. The CI promotes the responsible and sustainable production and use of cobalt in all forms and provides the focal point for regulators, legislators, other stakeholders and… Read more