January 2020

GLOBAL CHROME SNAPSHOT: European ferro-chrome prices edge up further

Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday January 31.

Ore, alloy chrome producers expect stronger market after Chinese holiday

UG2 chrome ore prices cif China were steady in the week ended Friday January 24, with trading activity stalled during the Chinese new year holiday, which has been extended to February 2 amid health concerns over the spread of a coronavirus infection.

GLOBAL CHROME SNAPSHOT: European ferro-chrome price jumps on increased consumer demand

Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday January 24.

IN CASE YOU MISSED IT: 5 key stories from January 23

Here are five Fastmarkets MB stories you might have missed on Thursday January 23 that are worth another look.

Samancor to cut annual chrome ore production by 29%, alloy by 20%

Samancor Chrome plans to reduce annual chrome ore and ferro-chrome production by 29% and 20% respectively due to poor market conditions, it said on Thursday January 23.

IN CASE YOU MISSED IT: 5 key stories from January 21

Here are five Fastmarkets MB stories you might have missed on Tuesday January 21 that are worth another look.

Strengthening yuan supports metal, mineral prices

A thaw in trade relations between the United States and China is lending broad support to commodity prices, with the yuan strengthening against the dollar.

PRICING NOTICE: Fastmarkets moves to annual methodology reviews across PRA divisions

Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year.

IN CASE YOU MISSED IT: Five key stories from January 20

Here are five Fastmarkets MB stories you might have missed on Monday January 20 that are worth another look.

Samancor explores restructuring, job cuts amid ‘drastic’ chrome price decline

Samancor Chrome has provisionally decided to restructure its mining and smelting operations in a move that will reduce staff and production levels due to the deteriorating chrome markets and rising power costs, Fastmarkets has learned.