[SHFE: Approves Hunan Valin Steel Co., Ltd. to Change Wire Rod Futures Product Label] On August 8, the Shanghai Futures Exchange announced that it has approved Hunan Valin Steel Co., Ltd. to change the label of wire rod futures products. As of the date of the announcement, products using the new product label can generate standard warehouse receipts. (Shanghai Futures Exchange)

Hengyang Valin Steel Tube Co. (HYST) announced on Feb 28 that it solicited bid for 30 mt of ferromolybdenum (Mo 60%) at 327,000 yuan/mt (by acceptance), with deliveries scheduled before March 10.