Due to slim profit, some cored wires producers cut output or halt production. For Hebei-based companies, the situation is tougher.

[Ferro-Alloys.com]China’s major high-carbon ferrochrome purchasers lowered their tender prices again in August with a decline of RMB50/MT or RMB100/MT Cr 50% basis, which indicated the high-carbon ferrochrome prices continued to bottom. The high-carbon ferroc...

[Ferro-Alloys.com]Chrome ore prices remained stable this weak and the prices are expected to cease to fall on China’s devaluation, although China’s ferrochrome prices made a second jump following July.

[Ferro-Alloys.com] In mid- August, low operation rates of electrolytic manganese metal allowed manganese producers to tend to hold price

Chinese Calium silicon market still kept gloomy in the mid-August with ex-work prices at RMB9,000/mt and RMB8,800/mt for CaSi30# and CaSi28#. In August, the capability utilization rate and transaction have no improvement now.

[Ferro-Alloys.com]There was little fluctuation in the price of ferrosilicon in mid-August. Given poor sale and increasing capital pressure, some alloy suppliers forced to put price drop by RMB50/mt from the prior week.

[Ferro-Alloys.com] In recent period, poor performance of manganese alloys in China failed to improve. As sale and capital pressure, some producers have a strong desire to sell products which aggravated market competition

[Ferro-Alloys.com]In mid August, Australian Mn46 lumps kept at RMB25-25.5/mtu at ports in China. As for Mn48 sand ore, the price remained at RMB23.5-24/mtu in China.