Nickel pig iron (NPI) prices in China continued to climb in the week to Friday October 18, on an increase in tradbg amid positive sentiment, sources told Fastmarkets.

Ferro-chrome markets in Europe have changed in 2024, and not just because the European quarterly benchmark finally ended in June: other changes have also taken place, in terms of pricing structure, sources of material and end-user demand, or lack thereof.

Turkish steelmakers have continued to invest in solar-power plants over recent months in search of greener steel production methods, Fastmarkets has heard.

US steel producers, pipe and tube manufacturers, trade organizations and union workers gathered at Capitol Hill in Washington DC to meet with lawmakers on Wednesday July 10, urging action on legislation aimed at bolstering US trade remedy laws to curb “unfair trade practices.”

Fastmarkets has corrected its MB-STS-0259 stainless steel scrap 316 solids domestic, delivered merchants UK, £/tonne price assessment, which was published incorrectly on Friday June 14.

China’s stainless steel prices saw a notable increase last week, driven by global sanctions affecting nickel, which is a key component

Fastmarkets adjusted its assessments for the stainless steel scrap 430 bundles, solids, consumer buying price, delivered mill Pittsburgh and the stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh effective Monday February 12.

Fastmarkets launches MB-FEC-0023 Ferro-chrome 50% Cr import, cif Indonesia, $/lb on Thursday January 11 2024.

Fastmarkets has made a correction to its January stainless steel scrap consumer price assessments for 430 and 409 consumer bundles, delivered to mill Pittsburgh.

The downtrend in China’s nickel pig iron (NPI) prices resumed in the week to Friday December 8 after pausing the preceding week, with the market still facing oversupply and slow demand from the stainless steel sector