July 2021

EUROPE ALLOY STEEL SURCHARGES: Grade-316 values surge on high molybdenum costs

Monthly European alloy steel surcharges for grade-316 stainless steel have surged for July because of a sharp increases in the price of molybdenum, Fastmarkets heard on Friday July 2.

China's Tsingshan raises July ferro-chrome tender price by $147/t

China’s leading stainless steel producer, Tsingshan Group, has raised its tender prices for July-delivery ferro-chrome by 950 yuan ($147) per tonne from that for the preceding month, the company said on Friday July 2.

China’s stainless steel prices rise further on strong domestic demand

China’s domestic and export prices for stainless steel kept rising over the past week on steady local end-user demand and nickel gains.