China will levy a resource tax on rare earths, tungsten and molybdenum based on sales value instead of production quantity, the Ministry of Finance announced on Apr 30th.

In this week, the market price of EMM in Hunan, Chongqing and Guangxi areas was about CNY10,800-11,000 per mt, in Guizhou, about CNY10,500-10,700 per mt, and in Ningxia, it¡¯s about CNY 11,100 per mt, which declined more than one hundred yuan per mt.

Q1 2015 turnover up on the same period in 2014 at €777 million, driven by a stronger dollar, despite a sharp decline in manganese ore prices.

[Ferro-Alloys.com] By the end of April, the result of Hebei and Steel Group bidding on manganese for May further impacted on alloy future market.

[Ferro-Alloys.com] By the end of the month, Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.5/mtu in China.

Odisha government has decided to extend the lease validity period of 18 iron and manganese ore mines which were closed since May last year following a Supreme Court order.

[Ferro-Alloys.com]China¡¯s domestic high-carbon ferrochrome output was still in an uptrend, adding that the monthly import volume of high-carbon ferrochrome exceeded 0.2 million tonnes in the previous four months, which made a sufficient supply in domestic mar...

[Ferro-Alloys.com]China Customs data saw that China¡¯s import volume of chrome ore in March totaled 0.868 million tonnes, increasing by 36% from the previous month.