Green shoots are emerging in the ferrochrome industry in India, as a revival in demand from China and higher prices have spurred producers to bring idled capacity back into production.

Diversified mining company Glencore has delivered on last year’s commitment to cut debt and structurally increase the strength of its balance sheet – and it has done so in a way that has preserved the group’s long-term earnings capability.

Today, the main prices of electrolytic manganese flake 99.7% are about RMB14,500-14,700/mt, and the export prices are about USD2,075-2,125/mt. The prices in Europe and in Japan are about USD2,200/mt.

Today, the main prices of electrolytic manganese flake 99.7% are about RMB14,500-14,700/mt, and the export prices are about USD2,075-2,125/mt. while Ningxia Tianyuan Manganese Industry Co., Ltd. quotes about MRB16,000/mt, it’s surprise for industry insiders.

Today, the main prices of electrolytic manganese flake 99.7% are about RMB14,500-14,700/mt, and the export prices are about USD2,075-2,125/mt. while Ningxia Tianyuan Manganese Industry Co., Ltd. quotes about MRB16,000/mt, it’s surprise for industry insiders.

[Ferro-Alloys.com]Located in Qinghai, Tianyi Metallurgy Group started its two furnaces of 12500KVA on November 29, 2016 to produce high-carbon ferrochrome after 9 months of stoppage.

[Ferro-Alloys.com]Ferrochrome prices continue to rise as Baosteel and Tsingshan Group raised their tender prices to 10800/mt 50% cr basis and 10595/mt 50% cr basis respectively in December.

[Ferro-Alloys.com]Prices for chrome ores remain stable. As the major stainless steel mills raised their tender prices for high-carbon ferrochrome sharply in December, adding that the chrome supply remains tight, the chrome ore prices tend to rise again.