[Ferro-Alloys.com] The average China Iron Ore Price Index dropped slightly in September from the previous month, according to the China Iron and Steel Association (CISA).
The monthly average dropped 0.37 percent month on month to 335.35 in September, according to the CISA.
China Taiyuan coal transaction price index stood at 135.61 points, down 0.01 percent week on week.
The index, released by China Taiyuan Coal Transaction Center (CTCTC) based in Shanxi, a coal-rich province, reflects the coal price levels and changes in the main production areas of China. It is published every Monday.
European and North American ferroalloys and silicon metal producer Ferroglobe is making further production cuts in Europe and has completed asset disposals in Poland and South Africa, the company said in early October.
According to Ministry of Commerce and Industry, who said in a posting late Monday, that India has begun an anti-subsidy investigation into flat stainless steel products imported from Indonesia.
The investigation period spans April 2018 to March 2019, which represents the Indian financial year.
According to projections from the International Stainless Steel Federation, Global stainless steel consumption growth is set to slow this year before rebounding in 2020.