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20 December 2019
Surcharges to slump again in January on nickel-containing grades.
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20 December 2019
Clearly raw materials prices have had their part to play in the downturn. By our calculations the nickel and chrome and free iron in Chinese raw materials fell by around 1% since the end of November, a dollar equivalent of $19 per tonne in one tonne of 304.
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20 December 2019
Prices have reversed to the extent that they are now at lows for the year, just as 2019 comes to a close.
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20 December 2019
Downloadable Excel files with prices and other stainless steel statistics for the month of December 2019
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20 December 2019
A look back at our previous forecasts.
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20 December 2019
While prices of the most common, nickel-containing grades of stainless steel have remained relatively stable this year, this dynamic hides growing tensions within the industry.
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20 December 2019
Vale has relinquished its status as the world’s biggest nickel producer this year, after lower production from all its nickel units in the nine months to September, not just VNC (-23.1%).
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20 December 2019
Slowing demand growth is the main culprit of this. European stainless steelmakers have been hit by slowing growth in global trade as well as a slowdown in demand from some key end-use sectors within Europe, in particular the automotive sector.
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20 December 2019
As part of our ongoing commitment to deliver relevant and robust prices, Fastmarkets MB research has undertaken a review of the pricing coverage of the Stainless Steels Market Tracker and is discontinuing some price series.
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20 December 2019
Discounts on scrap relative to primary raw materials have continued to narrow although stainless steel scrap is still cheap in historical terms relative to buying those primary raw materials.
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20 December 2019
It is not a surprise to see nickel price correct given that the noise about the Indonesian export ban was already baked into the equation and demand in China, where they had been stockpiling nickel pig iron, has softened.