By IM Staff, Fastmarkets IM
China’s daily crude steel output dips in mid-October, Magnesia prices firm as China launches a new environmental inspections, China’s crude stainless steel output up 8.5% in January-September, Market tightness reflected in rise in European soda ash contract price, PRICING NOTICE: Proposal to discontinue one soda ash price, Bottom end of spot iodine price range moves up for first time in 13 weeks, GLOBAL LITHIUM WRAP: China’s battery-grade lithium carbonate prices stabilize
Major Chinese steel mills cut their crude steel output mildly in the middle of October, while their finished steel inventories continued to rise.