[Ferro-Alloys.com]Chinese FeW was quoted at RMB124,000-125,000/mt by acceptance. Raw materials W concentrates stood at RMB65,000-66,000/mt, equivalent to cost line, at which miners were unwilling to sell materials.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.6/lbMo. After summer vacations ended, European and American steel industry was underperformed, so buyers had no extra spot demand.
[Ferro-Alloys.com] now the price of silicon metal kept stable and some low grade silicon metal price run up slightly, so the market supply and demand decreased, now low grade silicon metal price still ahs the raised trend, many industries just product by order...
[Ferro-Alloys.com]It is said that CML already released October manganese ore shipment to China, Australian Mn46%Fe6%SI14%P0.05% was decreased to USD 3.20/mtu from USD3.30/mtu the prior month Sight L/C and USD3.25/mtu Usance L/C from USD3.35 /mtu ( CIF, China).
[Ferro-Alloys.com]It is said that South Africa manganese ore miner, UMK unveiled October manganese ore shipment to China. The price of Mn37.5%Fe5% was dropped to USD2.65/mtu, (CIF,China).
Gulf Manganese Corporationcan progress development of its planned manganese smelter in Timor after receiving the key Principle Licence for Foreign Investment from the Indonesian Investment Coordinating Board.
The ASX-listed subsidiary of Glencore, Sphere Minerals, has executed an exclusive option to Al Rawda Resources to buy an 80% interest in its Askaf project, in Mauritania. The agreement would see Al Rawda pay $10-million in cash, along with a life-of-mine royal...