[Ferro-Alloys.com]Kobe Steel is currently under investigation by Japanese authorities in relation to the company's data falsification scandal that erupted in October, Kobe Steel said in a statement Wednesday.

[Ferro-Alloys.com]The global molybdenum market is set to exhibit a steady growth between 2017 and 2026, and revenues are expected to surpass US$ 350,000 Mn by the year 2026, according to the recent report published by Future Market Insights (FMI).

[Ferro-Alloys.com] Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.

[Ferro-Alloys.com]Allegheny Technologies has filed a Section 232 tariff exclusion request with the US Department of Commerce on behalf of its recently formed joint venture with China's Tsingshan Group, the US-based specialty steelmaker said Tuesday.

[Ferro-Alloys.com]China's “ Belt and Road” policy could generate $1.3 trillion in demand for iron ore, according to BHP billiton, the world's largest steel producer.

[Ferro-Alloys.com]Some Chinese steel mills are responding to the strong domestic scrap price by switching back to using higher proportions of iron ore in the burden mix.

[Ferro-Alloys.com]China's refinery crude throughput rose 7.3% year on year to 93.4 million mt, or an average 11.6 million b/d, over January-February, according to preliminary data released Wednesday by the National Bureau of Statistics.

[Ferro-Alloys.com]Spot availability remained limited in the US steel sheet market on Wednesday as mills and service centers await clarity surrounding President Trump's tariff decision.