August 2019

China stainless steel export prices stable amid sluggish demand

Export prices for Chinese stainless steel remained flat week on week despite the uptrend in the nickel price because producers are unable to achieve any price hikes due to poor market demand, market sources said.

GLOBAL FERRO-SILICON WRAP: Chinese, European prices suffer from weak mill demand

Chinese ferro-silicon prices softened this past week on weak domestic demand, while the European market similarly retreated following recent price gains after consumers remained sidelined.

GLOBAL CHROME WRAP: Europe high-carbon ferro-chrome price hits ten-year low

Europe’s high carbon ferro-chrome market dropped by over 4% to its lowest level in more than ten years amid weak demand, while the UG2 chrome ore index fell on aggressive bidding.

IN CASE YOU MISSED IT: 5 key stories from August 16

Here are five Fastmarkets MB stories you might have missed on Friday August 16 that are worth another look.

GLOBAL CHROME SNAPSHOT: European market softens in lackluster demand conditions

Key data from the pricing sessions in China, Asia, Europe and the United States for the week ending Friday August 16.

EUROPE STAINLESS STEEL: Price range narrows up while higher alloy surcharges expected for Sept

The price range for grade-304 cold-rolled stainless sheets narrowed upward this week while participants increasingly expect monthly alloy surcharges for September to rise substantially, Fastmarkets heard on Friday August 16.

FOCUS: EU's anti-dumping probe likely to affect Tsingshan Indonesia most [UPDATED]

Market participants in Asia expect PT Indonesia Tsingshan Stainless Steel to be the most significantly affected should the European Union decide to impose anti-dumping duties on imports of stainless hot-rolled coil and sheet from the region.

Chinese stainless steel prices rise despite EU anti-dumping probe

Domestic stainless steel prices in China edged up further over the past week despite the European Union initiation of an anti-dumping investigation on products from the country and two other territories.

VOESTALPINE AT A GLANCE: Q2 earnings down on economic slowdown, raw materials costs

A summary of the financial results for Austrian steelmaking group Voestalpine for the first quarter of its 2019-20 year, April 1 to June 30.

GLOBAL FERRO-SILICON WRAP: Chinese market drops on soft demand, Europe cements recovery

The Chinese ferro-silicon market softened over the past week in line with weaker demand, in turn fueling expectations of further price weakness in the near term.