Commodity Market Report
Bulk steel alloys short-term outlook November 2022
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Despite ongoing challenges in the global macroeconomic climate, there have been some signs of respite in the overhanging gloom. In western markets, energy prices have softened from Q3 highs and in China there are indications that the government intends to ease partially on its "zero-Covid" approach to managing the pandemic. Though these factors will contribute to improving sentiment in downstream end-use sectors, we expect this to provide little to no upside in prices across bulk alloy markets in the immediate term. Only modest upside is expected in those markets where recent production curtailments have shaved the over-supply.
Table of contents
- Chromium
- Manganese
-
Silicon
- Ferrosilicon
- Silicon metal
-
Chromium
- Uncertainty again weighs on ore prices
- Turkish premium and UG2 discount
- No further downside in ferrochrome prices following recent declines
-
Manganese
- Ore price upside expected as forecast remains largely unchanged
- Manganese alloy price set to rebound as markets gradually rebalance from oversupply
- Manganese metal output remains exceptionally low
-
Silicon
- Ferrosilicon
- Silicon metal
- Crude steel trends
- Stainless steel trends
-
Chromium
- Slight upward adjustment in 2023 and 2024 on account of China stainless steel
- Manganese
-
Silicon
- Ferrosilicon
- Silicon metal
-
Chromium
- No major changes in short-term chromium ore supply outlook
- No major changes in short-term high-carbon ferrochrome supply outlook
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Key chromium forecastsKey manganese forecastsCrude steel production (Mt)
-
Crude stainless steel production (Mt)Manganese alloy and metal consumption outlookKey silicon forecastsQuarterly chromium ore prices and forecastsQuarterly high-carbon ferrochrome prices and forecastsQuarterly manganese ore price forecastQuarterly silicomanganese price forecastQuarterly high-carbon ferromanganese price forecastQuarterly MC FeMn and manganese metal price forecast
- 18 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Impacts of rising commodity prices: North America power and renewables November 2021 short-term outlook
Power markets are surging in 2021 due to significantly stronger fuel prices.
$2,000
Commodity Market Report
Pricing support for power markets: North America power and renewables November 2020 short-term outlook
Overall demand has gradually been recovering this year; however, fall demand numbers do imply headwinds to the recovery.
$2,000
Commodity Market Report
Power prices take a step back after a volatile 2022: ERCOT power and renewables October 2022 short-term outlook
Rising commodity prices combined with coal supply issues have driven up energy prices through most of 2022.
$5,990
