According to the investigation of www.ferro-alloys.com, Chinese core wire market was generally stable last week. In Henan province,

Silicon metal price continued to be flat in the third week of October in China. Chemical silicon metal price kept firm. The reason was Organic silicon market turned warm and this led to more need for chemical silicon metal.

Eramet Sauda supplies material to the international steel sector,particularly producers in Europe and North America. It gets manganeseore supplied from its parent company's mine in Gabon, Wes Africa.

Weak Market of Chrome Ore due to Low Production Rate of Ferrochrome Factories

According to the latest Customs statistic, China exported 53,224 tons of ferroalloys in September 2014, dropping down by 6.8% M-o-M but violently up by 62.8% Y-O-Y. The exported materials included 43,781 tons of ferrosilicon.

According to statistic National Bureau of Statistic of China, Chinese ferroalloy production in September was 3.2565 million tons, up by 6% M-O-M and up by 1.3% Y-O-Y. And the production was totally 27.905 million tons in Jan-Sep of 2014, up by 6.9% Y-O-Y.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 134 million tonnes (Mt) in September 2014, a slight decrease of -0.1% compared to September 2013.

India’s mineral production during August was 2.6% higher compared to the production during the corresponding month last year. The total value of mineral production (excluding atomic & minor minerals) was Rs. 17264 crore with Coal being the highest contributor...