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Bauba Awarded Chrome Mining Permit, Acqusition Conditions Fulfilled

JSE-listed Bauba Platinum subsidiary Bauba A Hlabirwa Mining Investments has been awarded a mining permit for the mining of chrome ore and, accordingly, the last condition precedent for its acquisition of a 60% stake in the prospecting rights on the farms of M...

Wednesday, November 12, 2014

India Imports Chinese Steel in Large-scale

In the run to make India, the exporting powerhouse, the Modi government, within 5 months of rule, has outran all the records of import of steel as well as the import of iron ore .

Wednesday, November 12, 2014

Chinese Vanadium Pent Oxide Price Softened, so did Vanadium Nitrogen Alloy

[Ferro-Alloys.com]Chinese vanadium pent oxide transacted at RMB65,000-66,000/mt (USD10,655-10,819/mt, export duty excluded). Downstream V alloys suppliers lost confidence in the market, holding cautious attitude.

Wednesday, November 12, 2014

Chinese FeV Price Kept Steady, as Steel Mills Pressed Bids

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB77,000-78,000/mt (USD12,622-12,786/mt, export duty excluded) by acceptance. Most steel mills bought required volumes and delayed payment, resulting in FeV transaction price drop again.

Wednesday, November 12, 2014

Pingwu Manganese Maintains Production of EMM

Sichuan Pingwu Manganese Industry Co.,Ltd. (Pingwu Manganese) is located in Pingwu County, Mianyang City, Sichuan Province. It is the only comprehensive manganese company that combines mining,

Wednesday, November 12, 2014

Price Gap Hindered Nickel Ores Trade in Chinese Market

It was acknowledged that the FeNi cost of most producers were over RMB1100/Ni, while as the purchasing price from steel mills was so low that most of the FeNi enterprises were not reluctant to sell. One producer said, now the stell mills were hard to buy if th...

Wednesday, November 12, 2014

Downturn risk of Low FeNi price weakened in China

In early Nov., the low ferronickel price ex-works price was RMB2350-2400/mt and the producers were active to sell. However, recently, many enterprises shut down or cut down the output for the poor condition and the environmental inspection. In addition, as the...

Wednesday, November 12, 2014

European EMM Market Price Fell Down

Electrolytic manganese metal (EMM) market in Europe fell down recently. According to the latest data of MB, warehouse price of 99.7%

Wednesday, November 12, 2014
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