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Guorui Metallurgy Provides Casi Cored Wires
Anyang Guorui Metallurgical Refractory Co., Ltd run 2 out of 4 lines in cored wires production. Half of its output is for export. |
EMM Market Condition Is Poor for a Long Time in China and Abroad(Sep 21st- Sep 25th)
In this week, the market price of EMM in Hunan, Chongqing, Guangxi and Guizhou was about RMB9,700-9,800/mt, while in Ningxia, it’s about RMB9,800/mt. For exports, EMM price changed a little, about USD1,550-1,580/mt now. While the price of EMM in European coun... |
Chinese FeMo Price Stabilized, while Overseas Moly Oxide Price Rebounded (Sep 21st-Sep 25th)
[Ferro-Alloys.com] Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. Steel mills purchased small volumes, deals concentrating on scattered buying activities. |
Chinese FeV Price Kept Flat, as Steel Mills Increased Buying Volumes (Sep 21st-Sep 25th)
[Ferro-Alloys.com] Chinese FeV50 was offered at RMB50,000-51,000/mt by acceptance. In late month, major steel mills increased tender volumes, but bids were as low as RMB50,000/mt by acceptance. Overseas FeV price stabilized. |
Weak Demand in China weighed on Base Metals (Sep 21st-Sep 25th)
[Ferro-Alloys.com]This week, LME prices wondered around US$10000, down-adjusted as a whole mainly affected by global economic uncertainties. In September 24, LME closed at US$9910/mt and its nickel stockpile in London Metal Exchange rebounded to 450,000 metric... |
Chinese CaSi Market Stayed Calm Though Export Still Unavailable (Sept 21th—Sept 25th)
The past week saw a stable CaSi market. Major CaSi producers in Shaanxi and Ningxia quoted CaSi30 ex-work price at RMB 9,000—9,100 per ton and CaSi28 RMB 8,800—8,900 per ton. |
Zimasco Targets Cost-Effective Chrome Mining
ZIMASCO says there is need for extensive exploration so more chrome ore bodies can be identified to enable cost-effective mining of the thin chrome ore seams of the Great Dyke. |
Raw Chrome Export Volumes Capped
THE government has placed a cap of 200,000 metric tonnes on raw chrome exports to end of December this year in a move aimed at enhancing viability of local smelting firms. |
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