[Ferro-Alloys.com]It is reported that giant miner BHP already released Feb manganese ore shipment to China. Australian Mn45.5% Fe<5% lump ore was decreased to USD4.25/mtu from
China’s economy expanded 7.4 per cent in 2014, just short of an official growth target of 7.5 per cent, making it the first time the Chinese government has missed its aim since 1998.
Jubilee Platinum has been tasked with the beneficiation of chrome and platinum-group metals (PGMs) from the surface tailings of Hernic Ferrochrome’s operations in the North West.
[Ferro-Alloys.com]Chinese FeV was offered at RMB69,000-70,000/mt (USD11,311-11,475/mt, export duty excluded) by acceptance. In mid-month, steel mills had bad demand for FeV and delayed payment, FeV transaction price faced downward pressure.
[Ferro-Alloys.com]Chinese FeMo was offered at RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded) by acceptance. In mid-month, steel mills purchased limited volumes, so the entire deals were not much.
[Ferro-Alloys.com]LME nickel price was in a downtrend channel all day on Monday, Jan 19, creating an intraday high at 14780 and an intraday low at 14415, down 2.10% all day.