[Ferro-Alloys.com] It is reported that the biggest purchaser in north of China, Hebei Iron and Steel Group already knocked down October purchase on high carbon ferromanganese 65. The bidding price was dropped to RMB3,900/mt from RMB4,150/mt, with a decreasing ...

[Ferro-Alloys.com]It is reported that the biggest purchaser in north of China, Hebei Iron and Steel Group already knocked down

On September 29th, it is estimated that the market price of silicon manganese products will continue to fall. Many enterprises will face with cutting and halting production.

[Ferro-Alloys.com]Chinese vanadium pent oxide was quoted at RMB41,000-42,000/mt.

[Ferro-Alloys.com]Baosteel released its tender price of high-carbon ferrochrome for October, with the new tender price at RMB6,000/T Cr 50% basis, down RMB150/T, and the mill would purchase 18,000 tonnes of high-carbon ferrochrome in the month.

[Ferro-Alloys.com]Chinese FeV was offered at RMB48,000-49,000/mt by acceptance. In late month, major steel mills intensively launched bids, but the entire demand didn’t improve much, exerting downward pressure on V alloy procurement.

Established in 2009, Taiyuan Ruitao Metal Materials Co., Ltd is a professional calcium processor. Its main products include calcium block and calcium granules. Ruitao’s products are for export only.

Glencore said on Tuesday it was strong enough to ride out current volatility in commodity market, helping to lift the mining group’s shares by a fifth.