December 2018

GLOBAL CHROME SNAPSHOT: Chinese ferro-chrome, chrome ore prices stall amid low liquidity levels

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 14.

EUROPE STAINLESS STEEL: Prices inch down, competition hots up on limited demand

Stainless steel prices in Europe fell in the week to Friday December 14, with slow trading increasing the competition between distributors, sources told Fastmarkets.

East Asian stainless steel prices fall on weak demand, trading slowdown

Import prices for stainless steel in East Asia declined over the past week, resuming a previous downtrend amid sluggish trading activity, soft demand and lower offers from suppliers trying to secure more orders.

Chinese stainless steel prices retreat on weak demand

China’s domestic stainless steel prices dropped slightly over the past week due to muted demand and bearish sentiment among buyers despite an agreement between the country and the United States to a 90-day truce to their trade war.

European ferro-molybdenum market pares gains, demand drops

The European ferro-molybdenum market, which climbed almost 2.5% in trading a week ago, has pared gains since Friday in line with a drop in demand.

TITANIUM SNAPSHOT: Ferro-titanium market seen steady after raft of deals narrows range upward

Key data from the Wednesday December 12 pricing session in Europe.

US stainless steel prices drop, outlook muted

Stainless steel prices in the United States have mostly declined in December, extending a downward trend largely stemming from a decrease in alloy surcharges that have weighed on transaction prices, market participants said.

GLOBAL VANADIUM WRAP: China export prices cut to spark buying interest; EU profit-taking goes on

Chinese exporters of ferro-vanadium and vanadium pentoxide (V2O5) have significantly cut offer prices to stir up some buying interest overseas, while European traders continued to take profits, applying further pressure on ferro-vanadium prices.

Hebei Steel slashes silico-manganese purchase price for December

China’s largest steel mill, Hebei Steel, has cut its monthly purchase price for silico-manganese, reversing the rise seen in last month’s tender.

GLOBAL CHROME WRAP: UG2 chrome ore prices slide in China on lower supplier offers

UG2 chrome ore suppliers are cutting offer prices to attract year-end business in China.