Ferrochrome Furnaces of Guimei Metallurgical at Full Production

[Ferro-Alloys.com]Since May1st, FeW export duty dropped to zero from 20%. Customers called to know the newest price after duty removal. Their buying intention improved, with many orders in negotiation.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt, which was rather firm. Most V alloy actively secured low-priced materials, but vanadium pent oxide suppliers rejected to sell at low level.

On April 16, Thompson Creek Metals Company inc., a resource company in the U.S. released its preliminary

[Ferro-Alloys.com]It is reported that China totally inported 1.368 million tons of manganese ore in March of 2015 according to dada provided by Chinese Customs Statistics, showing on the rise from 0.94 million tons in Feb.

China will remove the export duties of some commodities from May 1, 2015. The related commodities include ferromolybdenum, ferrotungsten, ferro-tungsten-silicon, rare earth ect, detailed as follows,

Recently, Jingxi Dameng New Material Co.,Ltd. produced EMM normally, about 50 tons per day, and the price was about CNY11,000 per mt.

Qinghua Chemical's High-Carbon Ferrochrome Plants at Full Production