[Ferro-Alloys.com]LME nickel continued to rise this week after breaking through MA89 on Tuesday, up 3.87% on the day. The price began to fall after hitting 9,000 and was trying to break the resistance level of 9,000.

[Ferro-Alloys.com]Despite the tight supply of spot nickel ore, the futures and spot prices of nickel ore remained stable this week, and some ferronickel producers said there’s not enough nickel ore in ports.

[Ferro-Alloys.com]High-carbon ferrochrome tender prices from China’s major stainless steel mills started to bottom out in April due to the tight supply, which would support the high-carbon ferrochrome prices, while the prices from the producers are still far ...

[Ferro-Alloys.com]Some of China’s major stainless steel mills hiked their tender prices in April for the first time in recent years, which would support the whole chrome market.

It is estimated that it is less possible for the price to soar or plummet in the coming month, and the price might remain at the current level in the short term.

As the spot supply of upstream manganese ore becomes more and more, the situation of short supply alleviated, and the price of imported Australian 46% manganese ore fell to RMB35-36/mt. It is estimated that the price of Chinese ferromanganese products might...

On 18, April, the price of EMM keeps stable. The main price is about RMB9,900-10,100/mt, while some Chinese local regions decline electricity price, more and more stopping plants begin to produce EMM, so the market price may continue to decline in the future.

[Ferro-Alloys.com]Recently，the price of FeCa cored wires has increased slightly, but sadly the demand of the FeCa cored wires is shrinking.