December 2023

China's domestic stainless steel prices hit year-to-date low, sparks buying interest

China’s domestic stainless steel prices dropped sharply over the week ended Wednesday December 6 and set a new year-to-date low, which attracted buying interest, sources told Fastmarkets.

China ferro-silicon prices weaken amid falling futures; export prices stable

China ferro-silicon prices fell on the week to Wednesday December 6 due to declining futures prices amid a more cautious market sentiment, while the ferro-silicon export prices remained stable, sources said.

UG2/MG chrome ore prices rise on spot activity uptick; FeCr prices stable

UG2/MG chrome ore prices rose slightly during the week to Tuesday December 5, supported by ongoing supply tightness and the strength of the Chinese yuan against the US dollar, sources said.

UG2/MG chrome ore prices edge higher after brief uptick in spot trading

An overview of the chrome ore and alloy markets and their latest price moves globally in the week to Tuesday December 5.

European flat stainless steel prices narrow on lull in demand

The price of stainless steel flat products in Europe narrowed downward in November due to the persistent lack of end-user demand, industry sources told Fastmarkets in the week ended Friday December 1.

Zimasco shuts two ferro-chrome furnaces in 'depressed' market

Zimbabwe-focused ferro-chrome producer Zimasco has suspended operations at two of its furnaces, the company confirmed this week.