[Ferro-Alloys.com]With reference to the news item appearing in ET NOW dated May 19, 2015 captioned "Tata steel in talk to buy visa steel ferro chrome unit, deal valued at Rs.1000 cr.", Visa Steel Ltd has Clarified that "The Company in the Report of Director’s...

According to the statistics of Korea Customs, Korea’s ferroalloy import volume was 94,228 mt in April 2015, up by 40% M-O-M and down slightly down Y-O-Y. The total import volume in Jan-Apr 2015 was 357,122 mt, slightly down by 3.3% Y-O-Y.

[Ferro-Alloys.com]Overseas moly oxide price kept steady with transaction price at USD 7.68/lbMo. Moly oxide suppliers did not want to sell out the products, while buyers had little buying interest, so both sides were stalemated.

2014 Change Trends of EMM Price in European Countries

Hunan Tyoon Group planed to an EMM project with 100,000 mt capacities yearly in Yunnan. In January, 2011, it started to build, with 6 EMM production lines.

[Ferro-Alloys.com] Last week, LME Nickel quotation trend became weak. On May 19th, the closing price of LME Nickel was USD12, 950/mt, which dropped below USD13, 000/mt and the price trend would continue to be weak in short term.

FeSi export price began to slip since Q2, 2014, and maintained the previous condition by late May 2015. Nowadays FeSi 75# was quoted at around USD1,240-1,250/mt(FOB Tianjin port) as the floor level during the recent 5 years.

[Ferro-Alloys.com]In May, due to lackage purchase of the Steel Plant, the quotation of domestic Low FeNi declined.