February 2020

UG2 chrome ore index dips on lower-than-expected Chinese ferro-chrome tenders for February

The price of UG2 chrome ore dropped in the week to Friday February 21 due to lower bids from alloy smelters after China’s major stainless steel mills kept their February tender prices flat month on month.

IN CASE YOU MISSED IT: 5 key stories from February 21

Here are five Fastmarkets stories you might have missed on Friday February 21 that are worth another look.

GLOBAL CHROME SNAPSHOT: UG2 prices down after disappointment of alloy tender rollover

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 21.

EUROPE STAINLESS STEEL: Prices stable, but March decreases expected on weaker nickel

The price of stainless steel in the European domestic market was unchanged in the week to Friday February 21, but decreases are expected for March due to weaker nickel values, sources told Fastmarkets.

Coronavirus outbreak keeping China’s stainless steel market subdued

China’s stainless steel market saw some activity over the past week following several weeks of stagnation as a result of the novel coronavirus (2019-nCoV) outbreak in the country.

TITANIUM SNAPSHOT: Markets steady in quiet trading

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 19.

Glencore expects further challenges for South African ferro-chrome, more Chinese output

Challenging conditions will continue in the South African ferro-chrome market and Chinese production will continue to expand, Glencore said on Tuesday February 18.

GLOBAL CHROME SNAPSHOT: European alloy prices keep rising amid increased inquiries

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

EUROPE STAINLESS STEEL: Prices decrease on lower nickel values, weaker demand

The price of stainless steel flat products in the European domestic market decreased this week because of lower nickel costs and poor demand, sources told Fastmarkets on Friday February 14.

IN CASE YOU MISSED IT: 5 key stories from February 13

Here are five Fastmarkets MB stories you might have missed on Thursday February 13 that are worth another look.