Research

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

Change font size:   

June 2017 | Steel Raw Materials


FeCr, nickel prices collapse to dampen Q3 stainless talks: Ferro-alloy Market Analysis


Falling ferro-chrome and nickel benchmarks have weighed heavily on European stainless steel prices, as alloy surcharges will be reset for July deliveries.

While a downward trend persisted in European and Asian ferro-chrome prices, China, contrarily saw a slight rebound with US ferro-chrome prices largely stable this week. Metal Bulletin’s price quotation for Chinese domestic spot ferro-chrome stood at RMB5,700-6,200/t ($837-910/t) on Friday 16th June, edging higher from the previous week’s assessment of RMB5,500-6,000/t. The push in Chinese high-carbon ferro-chrome prices has been mainly caused by higher offers from South African chrome ore miners, further exacerbated by an explosion at China’s top ferro-chrome producer, Inner Mongolian Xinganglian Metallurgy’s...

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


Already subscribed?