Stainless Steels

Alloy Surcharge Highlights: April 2013

Tue, 30 Apr 2013 00:00:00 GMT

Roundup of MBR's stainless alloy surcharges, global stainless output statistics, global base/surcharge/transaction price analysis and key month on month trends in regional markets for the month of April 2013

Asian buyers unconvinced floor has been reached: Latest Analysis

Tue, 30 Apr 2013 00:00:00 GMT

Relatively low base prices in the USA do not augur well for European mills whose own base prices are yet to correct downwards to the same extent.

Downloadable Stainless Steel Excel Files: April 2013

Tue, 30 Apr 2013 00:00:00 GMT

Downloadable Excel files with MBR's prices and other stainless steel statistics for the month of April 2013

Moly prices affected by strikes in Chile, Bingham Canyon mine outage: Alloy Highlights

Tue, 30 Apr 2013 00:00:00 GMT

South African ferrochrome smelters are already set to be hit by an 8% increase in electricity costs from this month and in a couple of months will also be left without the income from Eskom.

Nickel prices expected to rebound and hence scrap: Scrap Highlights

Tue, 30 Apr 2013 00:00:00 GMT

The price of 18-8 solids in Europe has fallen by about $100/tonne to an average of $1,562/tonne while in the USA prices have fallen by less, about $25/tonne, to $1,590/tonne.

Producers feel confident about home markets: Asian Highlights

Tue, 30 Apr 2013 00:00:00 GMT

Outside of China the decision by producers to react to the spot market malaise has been damaging.

Underlying demand weakens further: European Highlights

Tue, 30 Apr 2013 00:00:00 GMT

Over and above the gloomy headline figures, stainless consumption in Europe, at least on an apparent basis, has been retreating even more quickly.

US base price hike fails: American Highlights

Tue, 30 Apr 2013 00:00:00 GMT

Stainless end use demand is following the same basic path as US manufacturing business activity, continuing to grow but at a slower pace than many would like.