March 2011 | Ferro-alloys
Stainless steelmakers adequately stocked with ferro-alloys
We are seeing some weakening in specialty ferro-alloy prices, with prices sliding in response to softer demand from stainless steelmakers. Stainless mills appear adequately stocked with raw materials, and in response, are reducing their new raw material purchases. We have noted downward pressure on both molybdenum and chrome prices over the past week.
We are seeing some weakening in specialty ferro-alloy prices, with prices sliding in response to softer demand from stainless steelmakers. Stainless mills appear adequately stocked with raw materials, and in response, are reducing their new raw material purchases. We have noted downward pressure on both molybdenum and chrome prices over the past week.
While prices are undergoing a downward correction at present, we would expect to see renewed buying activity early in the second quarter. Some of the hesitation in...
ACCESS RESTRICTED
You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.
SUBSCRIBE
Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.
Subscribe