[Ferro-Alloys.com] People who do not often have a cold can be severe once they catch cold, by the same token, not often sharp fluctuation in the RMB exchange in the past several days set off a tidal wave. From 11th August to 13th August, the RMB devaluation fr...

Chinese calcium silicon market kept gloom with ex-work prices at RMB9,000/mt and RMB8,800/mt for CaSi30# and CaSi28#. The export market mainly was affected by the wide RMB depreciation recently.

Recently, the Government of Newfoundland and Labrador approved Vale’s nickel mine project located at Voisey's Bay in Canada, and the project will be officially launched next year.

According to France Ministry of economic, financial and statistical data showed that France primarily steel and Ferroalloy exports reached 4.83 billion euros in H1 of the year, down slightly 0.21% year on year.

Canadian corporations that use tax havens like Switzerland and the Cayman Islands to reduce the taxes they pay at home have good reason to worry.

Nickel, copper and aluminum hit six-year lows on Wednesday after China allowed the yuan to weaken further, prompting fears that metals demand from the world’s top buyer would wither and sending nickel down 15 per cent before prices recovered.

RMB Exchange Rate in 2015

According to Brazil’s Ferbasa said that its sales of high carbon ferro-chrome totaled 29,136 tons during April to June, increasing by 4.7% year on year.