May 2020

GLOBAL CHROME SNAPSHOT: UG2 prices continue rally as FeCr producers restock

Key data from the pricing sessions in Asia, Europe and the United States for the session ending Friday May 29.

IN CASE YOU MISSED IT: 5 key stories from May 26

Here are five Fastmarkets stories you might have missed on Tuesday May 26 that are worth another look.

European ferro-chrome price range widens in quiet market

The price range for high-carbon ferro-chrome widened in Europe in the week ended Friday May 22, with industry sources reporting deals agreed for more than 500 tonnes of material.

South Africa to further ease nationwide restrictions from June 1

South Africa will further ease nationwide restrictions aimed at preventing the spread of Covid-19 from June 1, allowing the vast majority of the economy to return to production, according to a public address by the country’s president on Sunday May 24.

Higher June ferro-chrome tender price boosts Chinese chrome ore, alloy markets

Spot ferro-chrome prices in China rose last week following the announcement of a higher monthly tender price from a leading domestic stainless steel producer, while a strengthened alloy market sent support to upstream UG2 chrome ore prices.

IN CASE YOU MISSED IT: 5 key stories from May 22

Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.

GLOBAL CHROME SNAPSHOT: Chinese prices bolstered by elevated tenders; UG2 market rises

Key data from the pricing sessions in Asia, Europe and the United States for the session ended Friday May 22.

Metal traders take LC 'haircuts' after banks get picky on commodity finance

Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from fully financing cargoes under letters of credit (LC).

RESEARCH: Key takeaways from the latest Ferro-alloys Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Tsingshan raises June ferro-chrome tender price by $70 per tonne

China’s leading stainless steel producer, Tsingshan Group, has raised its ferro-chrome tender price for June delivery by 500 yuan ($70) per tonne month on month.