The January Bidding Prices of FeMn Products by Some Chinese Steel Mills (as of Jan 8th of 2016)

It is reported that China's biggest steelmaker Baosteel has planned to raise its February delivery prices for main steel products. Baosteel's pricing strategy usually sets the tone for the rest of the market.

[www.ferro-alloys.com] Along with the release of the January bidding price of ferromanganese products by the mainstream steel mill, the price trend becomes clear. The January Bidding Prices of FeMn Products by Some Chinese Steel Mills (as of Jan 8th of 2016)...

In this week, the market price of electrolytic manganese flake 99.7% is about RMB9,300-9,500/mt in Hunan, Chongqing, Guangxi and Guizhou, while in Ningxia, it’s about RMB9,300/mt. The export price is about USD1,450-1,480/mt FOB. While, according to the lates...

[FerroAlloys.com]there was no great change on imported manganese ore in China after threeday holiday. the quotation of 46% Australian lump was lowered to RMB19.520.5/mtu, and the quotation of Australian sand ore was edged down to RMB18.519.5/mtu.

[Ferro-Alloys.com] In recent period, ex-work price of ferrosilicon 75 was quoted at RMB4,300-4,400/mt while RMB3,950-4,050/mt for 72. In fact, upward tendency of ferrosilicon already swept across China in early January. It seems that many steel mills already a...

In January, 2016, Baosteel procures electrolytic manganese flake 99.7% 1600mt, and the price is RMB10,200/mt, compared with the price in the last month, it increased RMB660/mt.

[Ferro-Alloys.com] In January 5th，silicon metal market transactions has not been a significant increase after the Chinese New Year holiday, but the rates of operation continued to decline during the dry season in the south, the offer of factory was strong, c...