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CMS Upbeat on Smelting Ops
OM Materials (Sarawak) Sdn Bhd (OMS), the first of three ferrosilicon alloy smelting plants that have been commissioned in Bintulu’s Samalaju Industrial Park, expects to reach phase-one full production in the second half of this year. |
Negative Impact to Chrome Ore Market with Downstream Prices Decline(4th May-8th May)
[Ferro-Alloys.com]China’s major stainless steel makers lowered their tender prices of high-carbon ferrochrome for May last week. As the major downstream product of chrome ore, the decline would bring negative impact to the chrome ore market. |
Tender Prices of HC Ferrochrome Slipped in May and Hard to Reverse in Short Term(4th May-8th May)
[Ferro-Alloys.com]Except for TISCO, China’s major stainless steel makers, including Baosteel, JISCO and Tsingshan Group, released their tender prices of high-carbon ferrochrome for May last week, with a decline of RMB50/50MT for all of them. |
US Ferroalloys Import Volumes in Q1 2015 down by 14.6%
According to the statistics of US International Trade Commission, American ferroalloy export volume was 8,036 mt in Mar 2015, up by 15.3% M-O-M and down by 22% Y-O-Y. The total export volume in Q1 2015 was 26,242mt, down by 22.3% Y-O-Y. The materials were main... |
Poor Performance for Mn Alloy Market in China Failed to Improve (May 04th – May 08th )
[Ferro-Alloys.com] In recent period, silicon manganese 6517 was quoted at RMB5,300-5,500/mt in North while RMB5,600-5,700/mt. High |
Chinese Imported Mn Ore Showed Calm (May 04th – May 08th )
[Ferro-Alloys.com]By the early period of May, there were no signs of further fluactuation in the price of imported manganes ore in China. Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24. |
Manganese Supply and Demand Trends for the Start of 2015
The report further breaks down the various types of manganese alloys, starting with silicomanganese, which has been negatively affected price-wise due to slowed steel production and falling manganese ore prices. Specifically, production of the alloy in January... |
Downtrend of SiMn in North Producers Lowered than Steelmakers Purchase Falling
[Ferro-Alloys.com]It seems that silicon manganese producers in North failed to dip quotation as steel mills anticipiantion. Instead of RMB100-150/mt downtrend for steelmakers bidding, |
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