[Ferro-Alloys.com]By the early period of May, there were no signs of further fluactuation in the price of imported manganes ore in China. Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.

The report further breaks down the various types of manganese alloys, starting with silicomanganese, which has been negatively affected price-wise due to slowed steel production and falling manganese ore prices. Specifically, production of the alloy in January...

[Ferro-Alloys.com]It seems that silicon manganese producers in North failed to dip quotation as steel mills anticipiantion. Instead of RMB100-150/mt downtrend for steelmakers bidding,

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt. Most V alloys suppliers secured low-priced raw materials, but vanadium pent oxide sellers were unwilling to sell materials.

[Ferro-Alloys.com]Chinese FeV was offered at RMB64,000-65,000/mt by acceptance. In late month, steel mill’s tender increased, but bids were different among them.

Overview on Parts of EMM Enterprises in China 2015

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.6/lbMo, as buyers had little intention of purchasing materials.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Major steel mill’s tender price slipped to RMB74,000-74,500/mt by acceptance. Resource tax increase had little effect on moly price.