Prediction

Rebound of LME Nickel Ceased

[Ferro-Alloys.com]Price for LME nickel declined sharply after seeing a 25% rebound from 7,550 to 9,480 from Feb 12 to Mar 7. The price is currently fluctuating around the 100-day MA.

Tuesday, March 15, 2016

Taiwan’s rebar mills offer only limited sales allocation for this week

Due to the shortage supply of scrap material source, most Taiwanese rebar mills have only offered limited rebar sales allocation for this week. It is said most of rebar mills should only offer 20,000 tons of rebar sales allocation to its buyers and most of...

Monday, March 14, 2016

Taiwan’s Feng Hsin to hike rebar, scrap purchasing prices in this week

Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to rise its rebar and scrap purchasing price by NT$400/ton in this week. After price announcement, Feng Hsin's new rebar base price will be NT$11,900/ton and its sc...

Monday, March 14, 2016

The Spot Price of Imported Mn Ore Reached Its Month-high

[www.ferro-alloys.com] According to the statistics of www.ferro-alloys.com, the spot price of Australian Lump was RMB41-42/mtu in Tianjin port, the mainstream price of imported manganese ore was RMB37-38/mtu in Qinzhou port, the mainstream price of of imported...

Monday, March 14, 2016

The Price of Silicon Metal Rise Sharply in This Week (7th to 11th , Mar.)

[Ferro-Alloys.com] The price of silicon metal rise sharply in March, and metallurgical silicon metal 553# and 441# almost have no spots in silicon metal plants, and one silicon plant said, they operated 3 furnaces and main produce silicon metal 553# and 553# w...

Monday, March 14, 2016

Chinese FeSi Maintains Upward Tendency (Mar7th 2016 –Mar11th 2016 )

[Ferro-Alloys.com]Under the influence of Chinese ferrosilicon big conmpanies to push up price , the quotation of ferrosilicon kept upward trend with RMB4,800-4,900/ton for 72 and RMB5,000-5,100/ ton for 75.

Monday, March 14, 2016

EMM Market Price May Rise Recently(Mar 7th- Mar 11th)

In March, Baosteel purchases EMM 4,000mt, and the price declines about RMB600/mt, compared with the last month.In this period, the prices of manganese ore and steel products go up, so some people predict that the price of EMM may rise as well. But the plants’...

Monday, March 14, 2016

Chinese FeMn Enterprises Are Facing with Raw Material Shortage While the Price Remained Temporarily Stable (Mar 7th-Mar 11th)

[www.ferro-alloys.com] High carbon ferromanganese 65C7.0 (Phosphorus Content<0.4) was quoted at RMB4200-4300/mt in Guangxi, medium carbon ferromanganese 78C1.5 (Phosphorus Content<0.35) was quoted at RMB6100-6200/mt in Hebei, and low carbon ferromanganese 80C...

Monday, March 14, 2016
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