January 2018

Higher electrode, ferro-silicon costs to persist in 2018, Outokumpu says

Finnish stainless steelmaker Outokumpu expects to encounter continued cost pressure from high prices for graphite electrodes and ferro-silicon in 2018, it said on Wednesday January 31.

TITANIUM SNAPSHOT: Alloy market steady while refined scrap edges up

Key data from the January 31 pricing session in Europe.

China's stainless crude steel output reaches new high

China’s crude stainless steel output rose 4.7% to a new high in 2017.

GLOBAL VANADIUM WRAP: Supply tightness strengthens prices despite slower spot markets

Supply concerns continued to drive Chinese ferro-vanadium and global vanadium pentoxide (V2O5) prices, while European ferro-vanadium prices found stability at slightly lower levels while market activity slowed.

GLOBAL MANGANESE WRAP: Ore prices continue run up amid tighter supplies

Manganese ore prices continued to exhibit strength on thinning supplies last week, while Chinese alloy markets felt pressure from slowing demand.

S+B wins race to take over French speciality steelmaker Ascometal [UPDATED]

Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.

EUROPE ALLOY STEEL SURCHARGE: February values rise on stronger nickel, moly costs

European alloy surcharges for February deliveries of grade-316 cold-rolled (CR) stainless steel sheet have risen sharply month on month amid higher nickel and molybdenum costs.

GLOBAL FERRO-SILICON WRAP: Chinese spot market stabilizes; European prices hit record high

Chinese ferro-silicon prices have been steady in the past week, stabilizing losses made through the month when idled production was restarted; meanwhile, the European price set another record high, and US prices climbed after a period of inactivity due to strong overseas prices.

Trade Log January 2018: Ferro-vanadium, vanadium pentoxide

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe.

EUROPE STAINLESS STEEL: Base prices stable ahead of new offers

European stainless steel base prices have remained unchanged over the past week, with market participants expecting new mill offers to come in early February, sources told Metal Bulletin on Friday January 26.