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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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May 2015 | Ferro-alloys


Sentiment hit by weak demand from global stainless industry: Ferro-chrome Highlights


Chinese producers of stainless steel may in fact face a double whammy of restrictions from the EU, as the European Commission is also soon to rule on its anti-subsidy investigation into Chinese producers.

We touched last month on the issue of demand for ferro-chrome slowing sharply in China, as the country’s stainless steel mills cut back on output. This is being caused by both a slowdown in domestic demand growth, and also as a result of tightening restrictions on imports elsewhere in the world. These restrictions are particularly notable in Europe, which imposed preliminary anti-dumping duties on both Chinese and Taiwanese stainless steel back in late March. Chinese producers have been affected the most by these duties, which have been set at some 24-25% on Chinese material. Taiwanese imports are subject to duties of around...

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