December 2019

Chinese stainless steel prices flat amid quiet market

China’s stainless steel prices were unchanged over the past week with markets winding down toward the year-end.

EUROPE STAINLESS STEEL: Price stability expected until January

The price of stainless steel flat products was unchanged in Europe this week - participants expect this stability to remain in place until at least the first week of January, during which time the market will be largely shut for the holiday season, they told Fastmarkets on Friday December 20.

Chinese stainless steel prices rise on improved sales, costlier nickel

China’s stainless steel market strengthened over the past week amid higher nickel prices on the London Metal Exchange, though a pick-up in trading activity eased selling pressure among steelmakers.

TITANIUM SNAPSHOT: Alloy market range narrows as low end rises

Key data from Fastmarkets’ pricing session in Europe on Wednesday December 18.

PEOPLE MOVES: Martin Stepper joins Cronimet Group

Cronimet Group has hired Martin Stepper, the former head of ferro-alloys at Thyssenkrupp, the company told Fastmarkets on December 18.

EUROPE STAINLESS STEEL: Prices unchanged but decreases likely on slow demand

The price of stainless steel flat products in Europe was unchanged this week but lower prices are expected in light of poor demand and high stock levels, sources told Fastmarkets on Friday December 13.

IN CASE YOU MISSED IT: 5 key stories from December 12

Here are five Fastmarkets MB stories you might have missed on Thursday December 12 that are worth another look.

China’s stainless steel prices fall on inventory pressure

China’s domestic stainless steel prices dropped over the past week due to inventory pressure experienced by a major mill, which went on to weigh on export prices.

TITANIUM SNAPSHOT: Alloy and scrap market trade ranges widen

Key data from Fastmarkets’ pricing session in Europe on Wednesday December 11.

Mogale Alloys issues Section 189 amid poor chrome prices

Mogale Alloys has issued a Section 189 notice - a South African legal requirement representing an intention to retrench staff - amid low chrome ore and ferro-chrome prices.