February 2021

TITANIUM SNAPSHOT: Scrap markets extend price rally on shortage

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 10.

Charge chrome prices rise further as China prepares for holiday

The import market for charge chrome in China rose on Tuesday February 9, with tight supply continuing to strengthen sentiment despite the damping effect of the approaching Lunar New Year holiday, February 11-17, on activity in the chrome market.

Huta Laziska extends ferro-silicon output amid market rally

Polish ferro-silicon producer Huta Laziska is producing standard grade ferro-silicon (Si 75%) at close to full capacity, extending its rate of output from late last year, amid a rally in European prices that started in August, an industry source has told Fastmarkets.

Manganese ore prices ignore logistics disruptions amid high Chinese stocks

Seaborne low-grade manganese ore prices dropped for the second consecutive week on Friday February 5 on weakening demand and high Chinese port stocks, which outweighed logistical disruptions.

EUROPE STAINLESS STEEL: Long lead times continue to support price surge

The price of flat-rolled stainless steel produced in Europe rose further this week while supply struggled to keep pace with demand, sources told Fastmarkets on Friday February 5.

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 05/02: Vanadium prices jump on tight supply, good demand

An overview of the specialty steel raw materials markets in Europe and their latest price moves.

Supply crimp, demand recovery maintain surge in European ferro-chrome prices

The attraction of high sales volumes and good netbacks in China continued to tighten supply and supported prices for ferro-chrome in Europe in the week to Tuesday February 2.

AT A GLANCE: Outokumpu 2020 earnings down 28% y-o-y on Covid-19

A summary of the financial results for Finnish stainless steelmaker Outokumpu for the fourth-quarter and full year of 2020.

Europe Ti scrap prices resume rally, market eyes Q2 demand - sources

The European titanium scrap market resumed its six-month long rally over the week to Wednesday February 3 after a brief pause, with ferro-titanium suppliers set to hold their offer prices in the near term ahead of second-quarter demand from steelmakers, market sources told Fastmarkets.

China’s domestic stainless steel sellers seek out pre-holiday transactions

China’s domestic stainless steel prices widened downward in the week to Wednesday February 3 because some traders were looking to conclude more sales before the Chinese New Year.