Prediction
HC FeCr Output Increased After the Prices Hiked (April 11-April 15)
[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 ... |
LME Nickel Broke Through MA89 and Surged(April 11-April 15)
[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. |
Futures and Spot Pirces of Nickel Ores Remained Stable(April 11-April 15)
[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. |
Chrome Ore Prices Remained Strong(April 11-April 15)
[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. |
The Supply of Mn Ore Increased and the Price Fell Slightly (Apr 11th—Apr 15th)
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. |
The Quotation of Chinese FeMn Products Dropped Slightly (Apr 11th—Apr 15th)
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... |
The Price of EMM Keeps Stable on 18, April
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. |
Regardless of Price Rise, Demand is Still Not Optimistic
[Ferro-Alloys.com]Recently,the price of FeCa cored wires has increased slightly, but sadly the demand of the FeCa cored wires is shrinking. |
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