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05 November 2018
Surcharges continue fall in November, further falls possible
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05 November 2018
As we detailed one month ago, stainless buyers of Fastmarkets’ spot prices, which are for in-warehouse Wuxi delivery, refer to other stockists, service centres, and traders, as well as end users, take a very dim view of rising stocks as reported by Steelhome and other Chinese agencies.
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05 November 2018
The return to activity of Chinese market participants after their week-long holiday at the beginning of October appears to have coincided with a general uptick in key spot markets for chrome material for instance.
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05 November 2018
Downloadable Excel files with prices and other stainless steel statistics for the month of October 2018
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05 November 2018
A look back at our previous forecasts.
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05 November 2018
The dynamics behind the market pullback remain much the same as those outlined last month – falling alloy prices (and thus falling alloy surcharges), a slowdown in demand growth, and a continued high availability of cheap import material, all amid a backdrop of investor concerns about heightened trade tensions and tightening monetary policy in most regions of the world.
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05 November 2018
It is becoming an increasingly tall order for nickel prices to turn around and get back on course to hit our base case average this quarter.
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05 November 2018
European prices of scrap fell by slightly more than those in the USA last month so there is also a degree of catch-up taking place.
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05 November 2018
Before the wider sell-off seen in most global stock markets during October, commodity prices had already been on the wane.
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05 November 2018
With the continued uncertainty about the future it appears that some companies have taken their foot off the pedal slightly when placing new stainless steel orders, trying to keep their inventories lean, especially as year end approaches.