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

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January 2018 | Stainless Steels

January price fall quickly reversing: Latest Analysis

With spot market chrome prices rebounding notably over the past month a 10-15% rise in quarterly ferrochrome contract prices with the beginning of Q2 would be not a surprise at present.

The price falls in global stainless steel markets seen at the turn of the year have quickly given way to growing short-term optimism. Behind this optimism is that most traditional of causes – rising nickel prices.

They have shot up over the past month, as they have done twice in recent months –...


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