[Ferro-Alloys.com]Overseas FeW transacted at USD29.4-29.75/kgW. Chinese W concentrates cost drop pulled down FeW price. In addition, summer vocations approaching, many customers were destocking, but inquiries were slim.

[Ferro-Alloys.com]Chinese W concentrates was offered at RMB79,000-80,000/mt. The oversupply of W concentrates in the market, contrasted with APT suppliers’ low buying interest, led to that miners were forced to sell at low level to deplete stock.

According to statistic, Chinese Pyrites ore production in April was 10.98 million tons, up by 5.38% Y-O-Y; the total production in Jan-Apr was 41.2158 million tons, up by 8.93% Y-O-Y.

China Pyrites Production in April 2015 down by 2.22% Y-O-Y

According to the Association of Ukrainian Ferroalloy Producers (UkrFA), the country’s ferroalloy production totaled 398,500 tons in January-May period, decreasing by 8.2% year on year.

China Phosphate Ore Production Statistic in April 2015 Product: Phosphate Ore Unit: Million ton

Central Sulawesi Governor Longki Djanggola has officially launched the construction of a Rp 5.5 trillion (US$412 million) nickel smelting plant in Gandaganda subdistrict, Petasia district, North Morowali regency, Central Sulawesi.

[Ferro-Alloys.com]It seems that high water season in south of China failed to enhance silicon manganese producers’confidence, more than that, ill performance of spot market also wane northwest China producers’ activities.