January 2022

Five key stories from January 19

Here are five Fastmarkets stories you might have missed on Wednesday January 19 that are worth another look.

Ferro vanadium moves up by 5.6%; ferro-tungsten also rises

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

Ferro-titanium prices supported by tight scrap

Key data from Fastmarkets’ pricing session in Europe on Wednesday January 19.

Trade log: Ferro-molybdenum 65% Mo min, in-whs Rotterdam, $/kg Mo

The Ferro-molybdenum 65% Mo min, in-whs Rotterdam, $/kg Mo trade log including business, bids and offers reported to Fastmarkets.

Trade log: Ferro-tungsten basis 75% W, in-whs dup Rotterdam, $/kg W

The Ferro-tungsten basis 75% W, in-whs dup Rotterdam, $/kg W trade log including business, bids and offers reported to Fastmarkets.

Trade log: Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V

The Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V trade log including business, bids and offers reported to Fastmarkets.

Trade log: Tungsten APT 88.5% WO3 min, fob main ports China, $/mtu WO3

The Tungsten APT 88.5% WO3 min, fob main ports China, $/mtu WO3 trade log including business, bids and offers reported to Fastmarkets.

Yildirim Group announces completion of Albchrome acquisition

Yildirim Group has completed the acquisition of 100% of the shares of Albanian chrome and ferro-chrome company Albchrome Holding, the Turkish industrial conglomerate has announced.

Low carbon FeCr prices tick up in Europe as buying re-emerges

Low-carbon ferro-chrome prices edged higher in Europe during the week to Tuesday January 18 on the continued re-emergence of demand after the Christmas and New Year holidays.

China’s chrome ore market rises on downstream revival

Chinese participants showed increased buying appetite for seaborne chrome ore in the week to Tuesday January 18, thanks to price uptrends in the downstream ferro-chrome and stainless steel markets and amid ongoing coronavirus-related disruptions at the Port of Tianjin - home of the country’s largest stockpile of chrome ore.