June 2019

TITANIUM SNAPSHOT: Prices fall in line with demand

Key data from the Fastmarkets' Wednesday June 26 pricing session in Europe.

GLOBAL CHROME WRAP: Ore, alloy prices under pressure globally amid weak demand

Chrome ore prices dropped again in China and alloy prices weakened globally in the week ended Friday June 21 due to poor demand.

GLOBAL FERRO-SILICON WRAP: Chinese market garners futures support; European market falls almost 6%

Ferro-silicon prices in China were stable in the week ended Friday June 21, extending a steady run in the market for a fifth consecutive week against firm Chinese futures prices and relatively limited availability in the physical market.

Schalamon retires as Samancor CEO; McManus takes over helm

Jürgen Schalamon will retire from his role as chief executive officer of Samancor Chrome at the end of June after nearly 15 years in the position, Fastmarkets understands.

EUROPE STAINLESS STEEL: Prices decrease on low demand, expected imports and lower surcharges

Prices for flat stainless steel products produced and delivered in Europe fell his week because of low demand and an expected surge of imports from July 1, Fastmarkets heard on Friday June 21.

PRICING NOTICE: Standardization of Fastmarkets’ price names

Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.

China’s stainless steel prices continue to rise on nickel gains

Domestic stainless steel prices in China continued to trend upward over the past week, tracking the strength exhibited by nickel prices in the futures market.

East Asian stainless steel prices mostly unchanged amid sluggish demand

Import prices for stainless steel in East Asia were largely stable this past week despite poor demand in downstream markets amid uncertainty caused by trade tensions between China and the United States.

TITANIUM SNAPSHOT: Slower trading knocks prices

Key data from the Fastmarkets' Wednesday June 19 pricing session in Europe.

Outokumpu Tornio to gain 100,000 tpy and reduce lead times through digitalized stainless steel production

Outokumpu hopes to increase capacity by 100,000 tonnes per year and significantly improve lead times by fully digitalizing production at its site in Tornio, Finland, by 2020, it said on June 17.