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Fastmarkets launches Chinese green ferro-alloys prices to cover whole clean steel supply chain
China’s ferro-alloy industry continues to track toward sustainable development, focusing on decarbonization as a foundation and utilizing renewable energy and advanced technologies to reduce electricity consumption, waste gas and slag.
October 29, 2024
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By Tina Tong, Paul Lim, Jessica Long, the Fastmarkets team
Insights
GEMCO’s manganese ore suspension: a volatile market driven by weak Chinese steel demand, panic buying
Prices for seaborne high-grade manganese ore have plunged in October 2024, with producers announcing cuts to production and exports amid poor levels of purchasing in China But the most recent price drop was merely the latest dramatic move in a period of increased volatility, following the suspension of operations at South32’s Groote Eylandt Mining Co […]
October 25, 2024
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By Tina Tong, Holly Chant
Insights
Transparency key for ferro-chrome markets in post-benchmark world
As we approach the end of the first quarter after the termination of the quarterly European ferro-chrome benchmark, Fastmarkets looks at what has happened since the benchmark ended – and what could happen next.
September 5, 2024
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By the Fastmarkets team, Paul Lim, Claire Patel-Campbell, Tina Tong
Insights
China pushes for lower energy consumption and carbon emissions with steel production cuts
Chinese domestic authorities are in discussions to implement tighter targets on crude steel production across the country, in a bid to reduce energy consumption and carbon emissions, Fastmarkets understands
June 20, 2024
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By Norman Fong, Jessica Zong, Zihuan Pan, Jessica Long, Alice Li, Bella Cheng
Insights
Goodbye to a ferro-chrome institution: Fastmarkets looks back on ferro-chrome benchmark’s storied past
The death knell sounded on Monday May 20 for the quarterly European ferro-chrome benchmark, bringing with it the end of a long-running, divisive, often disputed, yet highly influential and important pricing mechanism
May 24, 2024
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By Claire Patel-Campbell, Janie Davies
Insights
European ferro-chrome market prepares for future after end of quarterly benchmark
European ferro-chrome market faces uncertainty after discontinuation of quarterly benchmark pricing system
May 22, 2024
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By Claire Patel-Campbell, Janie Davies, Holly Chant
Insights
Ferro-chrome benchmark canceled after becoming ‘less relevant’ – Merafe
The European quarterly ferro-chrome benchmark lost relevance over time and was canceled after a thorough review, Merafe Resources told Fastmarkets on Tuesday May 21
May 21, 2024
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By Claire Patel-Campbell, Janie Davies
Insights
Soaring Chinese tungsten concentrates prices trigger upturn for APT
Ferro-tungsten prices in Europe soar to a two-year high driven by increased demand, triggered by rising prices of tungsten concentrates in China
April 30, 2024
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By Jessica Long, Claire Patel-Campbell, Zdravko Cherkezov
Insights
Suspension at South32’s GEMCO manganese ore unit rewrites demand patterns in Asia
The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24
April 26, 2024
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By Holly Chant, Tina Tong, the Fastmarkets team
Insights
GEMCO export sales and wharf operations to remain suspended until Jan-Mar 2025
This development has led to a tightening market supply and bullish sentiment among traders, despite the immediate aftermath not showing a price hike
April 23, 2024
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By Holly Chant, Tina Tong
Insights
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