February 2021

MOLYBDENUM SNAPSHOT: Oxide, FeMo rally stalls, trading slows

Key data from the February 26 pricing session in London.

Titanium scrap shortage outweighs weak FeTi demand in aerospace slump

A deepening of the acute shortage of titanium scrap, added to the news this week of a slump in aerospace orders, should support and strengthen prices for both scrap and ferro-titanium in the coming months despite the potential consequences for alloy consumption, industry sources told Fastmarkets on Wednesday February 24.

Molybdic oxide rally takes a breather; FeMo sellers shun cheap bids

Spot activity in the molybdic oxide market slowed this week, leaving the recent rally to stall, though ferro-molybdenum prices continued to rise as sellers sought to protect already squeezed margins.

Nickel prices react to two partial shutdowns at Norilsk mines

Nickel futures prices in London rose on Wednesday February 24 after the world's top producer, Norilsk Nickel, announced it had suspended production at two of its mines: Oktyabrsky and Taimyrsky.

TITANIUM SNAPSHOT: Scrap price edges higher; alloy consumers show interest for Q2 delivery

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 24.

AT A GLANCE: Gerdau Q4 earnings up on construction, automotive resilience

A summary of Brazilian steelmaker Gerdau’s financial results in the fourth quarter and full year of 2020, as stated in its earnings report published on Wednesday February 24.

GLOBAL FERRO-SILICON SNAPSHOT: Global prices firm despite spot slowdown

Key data from Fastmarkets’ pricing sessions in Europe and the United States for the week ending Friday February 19.

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 19/02: Molybdenum prices continue to rise on tight prompt availability in Europe

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

IN CASE YOU MISSED IT: 5 key stories from February 18

Here are five Fastmarkets stories you might have missed on Thursday February 18 that are worth another look.

Assofermet asks EC to soften trade, safeguard measures to prevent market distortion

Italian steel distributors’ association Assofermet has sent a letter to the European Commission highlighting distortion in the European Union carbon and stainless flat steel market caused by anti-dumping and safeguard measures.