June 2020

Weak demand weighs on Europe's ferro-chrome markets [CORRECTED]

The European markets for both high- and low-carbon ferro-chrome, delivered, softened in the week ended Friday June 26 in response to weak consumption.

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

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

Major Chinese stainless steel mills lower July ferro-chrome tender prices by $14 per tonne

China’s leading stainless steel producers - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - have all lowered their high-carbon ferro-chrome tender prices for July following a recent backswing in upstream chrome ore prices.

UG2 chrome ore market down on cautious buying

The chrome ore market declined for a third consecutive week on Friday June 26 on inconsistent trading activity, while a number of participants opted to wait on the sidelines for more clarity over the direction of business opportunities, sources said.

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

Here are five Fastmarkets stories you might have missed on Tuesday June 23 that are worth another look.

Noble Group posts $206 mln Q1 loss; cites impact of Covid-19 on supply chains

Hong Kong's Noble Group notched a $206 million loss in the first quarter of 2020, with the company citing the breaking of supply chains due to the Covid-19 outbreak as the key reason for the slump, the trading group announced on Tuesday June 23.

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

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

UG2 chrome ore price slides again as market awaits July tender prices

The UG2 chrome ore market dipped in the week to Friday June 19 amid a lack of meaningful trading activity ahead of the release of July ferro-chrome tender prices, while spot Chinese ferro-chrome prices continued to show signs of softening.

GLOBAL CHROME SNAPSHOT: UG2 index slides with buyers on sidelines

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday June 19.

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

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