December 2019

Chinese spot ferro-chrome price slides to April 2016 low

Tender price cuts from major Chinese stainless steel mills last week, though broadly expected in the market, have caused the domestic spot ferro-chrome price in the country to fall to a 44-month low.

NEWSBREAK: European ferro-chrome benchmark drops 1 cent to $1.01 per lb for Q1 2020

The European charge and high carbon ferro-chrome benchmark has dropped 1 cent to $1.01 per lb for the first quarter of 2020.

China’s chrome ore imports up by 10% in Jan-Nov

China imported 14.3 million tonnes of chome from January to November 2019, up 10% from the 13.1 million tonnes imported in the same period of the previous year, according to official but unconfirmed data seen by Fastmarkets.

PRICING NOTICE: Delayed publication of chrome ore index, FeCr lumpy Cr benchmark indicator

The publication of two of Fastmarkets’ chrome prices for Friday December 27 were delayed due to a technical error.

GLOBAL CHROME SNAPSHOT: Chinese alloy prices tumble alongside January tender prices

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 27.

GLOBAL CHROME WRAP: Stainless steel strength caps Chinese spot ferro-chrome price downtrend

The recent downtrend in spot ferro-chrome prices in China was capped by strength in the domestic stainless steel market, while the European and US markets were flat ahead of the Christmas holiday break.

GLOBAL CHROME SNAPSHOT: Chinese domestic alloy price pauses decline on stronger steel market

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 20.

GLOBAL CHROME WRAP: Chinese spot ferro-chrome prices weaken on aggressive producer offers

Chinese ferro-chrome producers cut their offers last week to generate cash, putting downward pressure on spot prices.

IN CASE YOU MISSED IT: 5 key stories from December 13

Here are five Fastmarkets MB stories you might have missed on Friday December 13 that are worth another look.

Samancor plans chrome cuts amid depressed prices, expects 'no relief for 3-4 quarters'

South Africa’s largest ferro-chrome producer Samancor Chrome will cut back both mine and smelter operations in response to “persistent depressed prices” and electricity supply constraints, it announced on Friday December 6.