The value of the Chinese currency renminbi, or the yuan, strengthened by 95 basis points to 6.1425 against the U.S. dollar in its central parity on Sep 10th, indicated the China Foreign Exchange Trading System.

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB79,000-80,000/mt (USD12,950-13,114/mt, export duty excluded) by acceptance, unchanged from last week. Downstream steel mills enhanced tender price of FeV50, albeit at a slow rate. Major mills’ purchase price o...

Silicon Metal Price Kept Firm after Mid-Autumn Festival

[Ferro-Alloys.com]Overseas moly oxide price edged down, transacting at USD12.7-12.8/lbMo. As operation rate of steel industry improved after the summer vacations, the demand for raw materials has recovered much. Exporters received more inquiries, but bids were...

Tata Steel expects to commence work on its ferro-alloys plant at Gopalpur in south Odisha by March 2015, which is also the timeline for commissioning of its three million tonne steel capacity at Kalinganagar where the company is putting up a six mtpa steel pla...

USITC latest statistics showed the US imported 24,397 mt of ferrosilicon in July 2014, soaring up 141% from 10,144 mt of June 2014 and slightlyup 7.2% from 22,754 mt of July 2013.

[Ferro-Alloys.com] It is reported that Eramet Comilog already released October manganese ore shipment to China. Mn43% Fe<5% sand ore was lifted up to USD4.15/mtu (CIF, China) from

[Ferro-Alloys.com]In recent period, prices for rich manganese slag Mn32%in Yongzhou of Hunan province stood at RMB940-960/mt. As lowering operation rates in local area,