[Ferro-Alloys.com] Chinese FeMo60 was offered at RMB88,000/mt (USD14,426/mt, export duty excluded) by cash. In early month, steel mills tendered limited volumes of FeMo, pressing buying price to RMB89,000/mt (USD14,590/mt, export duty excluded) by acceptance.

According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 15,597 mt in Oct, 2014, slightly up by 2.2% M-O-M and down by 29.2% Y-O-Y. The total export volume in Jan-Oct of 2014 was 196,035 mt, up by 6.7% Y-O-Y.

In the first week of December, calcium silicon market kept steady in China. Only some big calcium silicon mills worked well in China. Steel mills would be in bad state and calcium silicon market was mostly affected by steel price.

Silicon metal price was shaky and unstable in the first week of December in China. Si441# price declined by RMB 100/mt. Many silicon metal mills in Sichuan and Yunnan province stopped working and the operating rate dropped.

Suffered by downturn of bidding on alloys for steel mills, imported manganese ore spot market in China maintained poor performance. As manganese alloys further touched the bottom,

According to the investigation of www.ferro-alloys.com，electrolytic manganese metal (EMM) market in China continued to last week. In

According to the investigation of www.ferro-alloys.com, Chinese core wire market was still in downturn last week. In Henan province,

Now other steel mills and the traders were cautious for the purchase. However, as the price weathervane of FeNi, Tesco’s tender price in Dec. would further stimulate the market. What’s more, the international nickel price rose well, which had broken through ...