[www. ferro-alloys.com]The first transaction in Asian LME nickel market started with $10470/T today, with that LME nickel prices continued to increase by following the yesterday’s trendy, reaching to the highest price $10670/T.

[Ferro-Alloys.com]Chrome ore market remained stable. South Africa concentrate 40-42% at RMB27-29/mtu, South Africa concentrate 42-44% at RMB31-32/mtu, South Africa concentrate 40-42% at US$150-155/T, South Africa concentrate 42-44% at US$165-175/T;

[Ferro-Alloys.com]China's ferrochrome market remain stable. Prices from the producers range from RMB5,900/T to RMB6,300/T Cr 50% basis,

[www.ferro-alloys.com]The post-2011 slide in commodity prices was meant to serve up a smorgasbord of acquisition opportunities for the world’s biggest resources companies. And it has; it’s just that an aversion to debt while the commodities cycle finds it...

[www.ferro-alloys.com]In the middle of July, the cored wires did enter into the off-season that was directly influenced by the whole Ferro-alloy market environment. In East China, like Jiangsu and Zhejiang provinces, the market was in a relative stable condi...

[Ferro-Alloys.com]Due to the high operation rate and the off season for stainless steel industry, low-carbon ferrochrome prices continued to fall and the competition becomes fierce.

[Ferro-Alloys.com]Chrome ore prices remained strong and failed to fall following the ferrochrome prices. Due to the concern for the chrome ore prices, most traders become extremely caucious in entering contracts.

The first transaction in Asian LME nickel market started with $9870/T yesterday, and LME nickel prices turn into the upwards after slightly dropping by $9790/T, supporting the 5-days line, then, gonging up step by step, with the highest price $10180/T.