October 2020

AT A GLANCE: Evraz Q3 semi-finished steel sales down on low steel output, high domestic finished steel consumption

A summary of sales figures from Russian steelmaker Evraz in the third quarter of 2020, it said in a trading update report published on Thursday October 29.

FOCUS: Change in purchasing habits partly blamed for weakening low-grade manganese ore market

Changes in the purchasing habits of some Chinese alloy smelters are partly to blame for the weakness in the low-grade manganese ore market, sources told Fastmarkets.

China’s stainless steel market activity drops, pushing down domestic prices

China’s domestic stainless steel prices decreased slightly in the week ended Wednesday October 28 due to softer demand following nickel losses.

TITANIUM SNAPSHOT: Markets rising on scrap tightness, more demand

Key data from Fastmarkets’ pricing session in Europe on Wednesday October 28.

UG2 chrome ore market sentiment buoyed by South Africa’s export tax proposal

South Africa's proposal to impose an export tax on UG2 chrome ore has revived sentiment and halted a slump in prices, while ferro-chrome markets held steady ahead of the release of November tenders, sources said on this week.

RESEARCH: Ferro-alloy prices poised for strong finish to 2020

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

India's SiMn market to face pressure from low demand in near term

The Indian silico-manganese export market will come under pressure in the near term because of slow demand and falling manganese ore markets, Fastmarkets heard on Tuesday October 27.

AT A GLANCE: Acerinox returns to profit for Q3 with increased production

A summary of Spanish stainless steelmaker Acerinox's financial results for the third quarter of 2020 ended on September 30.

Ferro-nickel cif China discount up slightly on thin spot trading

The discount paid for ferro-nickel with 26-32% nickel content in China increased slightly in October, with quiet spot trading reported, sources told Fastmarkets this week.

Seaborne manganese ore prices dragged down by deteriorating sentiment

Seaborne prices for both low-and high-grade manganese ore in China moved down for the third consecutive week in the week to Friday October 23, following deteriorating overall market sentiment amid weakening portside ore and alloys markets.