May 2021

RESEARCH: Tighter trade policy likely to raise global floor for stainless steel prices

The latest forecasts from Fastmarkets' team of analysts is ready to view.

GLOBAL FERRO-SILICON SNAPSHOT: US market continues to rise on supply shortages

Key data from Fastmarkets’ pricing sessions in Europe, the United States and China on Friday May 28.

EUROPE STAINLESS STEEL: Prices narrow upwards with supply expected to tighten further on new anti-dumping duties

The price range for flat-rolled stainless steel in Europe narrowed upwards this week, reflecting a continued shortage of supply that is likely to become more pronounced with the introduction of anti-dumping duties on material from India and Indonesia.

OM Holdings suspends ops at Sarawak ferro-alloys plant due to Covid-19 outbreak

OM Holdings (OMH) has suspended operations at its ferro-alloys plant at Sarawak in Malaysia due to an outbreak of the Covid-19 virus among workers, the Singapore-based mining and trading company said.

Tisco, Baosteel lower June FeCr tender price by $8 per tonne

China’s leading stainless steel producers, Taiyuan Iron & Steel (Tisco) and Baosteel Group, have lowered their ferro-chrome tender prices for June delivery by 50 yuan ($7.84) per tonne compared with the previous month.

EU sets preliminary anti-dumping duties on CR stainless from India, Indonesia

The European Commission (EC) has imposed provisional anti-dumping duties at rates of 13.40-34.60% on imports of stainless steel cold-rolled flat products originating in India and Indonesia, it has announced.

FOCUS: Quiet Europe Ti markets prompt weaker prices

The European titanium market for alloy and scrap have dropped in price over the past week as an extended period of quiet prompted profit-taking from some domestic traders as well as cheaper export offer prices from Russia, according to industry sources.

Chinese stainless steel sellers cut prices further to destock

Chinese stainless steel sellers lowered their offer prices over the past week to reduce inventories against a bearish outlook for the market.

Strong stainless-steel sector supports ferro-chrome prices in Europe

Robust demand continued to support the high- and low-carbon ferro-chrome markets in Europe in the week ended Tuesday May 25.

TITANIUM SNAPSHOT: Prices drop on cheaper offers in quiet market

Key data from Fastmarkets’ pricing session in Europe on Wednesday May 26.