Prediction
Weekly comment on silicon metal market (11st to15th May)
This week silicon metal price kept falling, factories quotation is not valid and they sold their production through the purchasers’ inquiry. |
Sinosteel Signs Contract with Russian Company on Manganese Project
Sinosteel Engineering & Technology Co LtdSays unit has signed a contract on a manganese project worth 4.62 billion yuan |
EMM Price Declined Continuously While Steel Mills Should Grasp the Opportunity
In this week, the market price of EMM in Hunan, Chongqing and Guangxi areas was about CNY10,200-10,400 per mt, in Guizhou, about CNY10,000-10,200 per mt, and in Ningxia, it’s about CNY 10,400 per mt, which great changes. |
Chinese FeV Price Maintained Steady, but the Deals were Slim (May 11th -15th)
[Ferro-Alloys.com] Chinese FeV50 was offered at RMB64,000-65,000/mt by acceptance. In mid-month, steel mills decreased buying volumes, and deals were concentrated on scattered activities. FeV50 transacted at RMB63,000-64,000/mt by acceptance due to weak demand... |
Ferrochrome Market Remained Steady(11th May-15th May)
[Ferro-Alloys.com]China’s major stainless steel makers settled their tender prices of high-carbon ferrochrome in May, in which we saw a slight decline in the new prices. Following the decline, most high-carbon ferrochrome producers lowered their prices accord... |
Most Chrome Ores Prices Slipped on Decline of High-Carbon FeCr Prices(11th May-15th May)
[Ferro-Alloys.com]After China’s major stainless steel makers decreased their tender prices for high-carbon ferrochrome, most chrome ores prices fell last week except for South African chrome ore concentrate. |
CaSi Export Price Declined-China (May11th-May15th)
In recent week, the CaSi spot price in Chinese market maintained standard as SiCa30# was offered at RMB9200-9400/mt while SiCa28# was RMB90100-9200/mt. according to the producers, another two 33000kva would recover the production in June. |
FeSi Price in China Declined while Export Price Stayed Standard (May11th-May15th)
In recent week the ferrosilicon price turned weaker as FeSi75% was offered at RMB4900-5000/mt and FeSi72# was RMB4600-4700/mt, which down by RMB50/mt than last week. Of the top five producers in China |
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