Editor of www.ferro-alloys.com learnt producers slightly lowered theitr quotations this week due to depressed demand and increased spot materials in China. Mainstream Shaanxi Mg99.90% price declined to

his week there was few bids of ferrosilicon for August delivery in China. The main tone of August bids for ferrosilicon was that most steel mills raised RMB50/mt on July purchase prices, which helped some ferrosilicon producers raise their quotations.

[Ferro-Alloys.com] In recent period, it seems that imported manganese ore spot prices in China still maintained flat. In fact, high cost but low sale already put market into standstill situation.

[Ferro-Alloys.com] It seemed that the tendencies of manganese alloy during August already become more clearly.as the new round tender for Chinese steelmills settled.

In the first ten-day of August, LME nickel price hobbled due to the climbing stockpiles. On Aug. 6th, the closing price of LME was USD18733/ton and the stockpile was 318114 tons. Meanwhile, the Chinese domestic nickel market stayed soft with weak transactions....

In the first ten-day of August, prices of high grade nickel ores kept stable while price of low grade nickel ore price continued dropping.

In the first ten-day of August, some of Chinese producers cut the ex-work price of calcium silicon under big pressure of weak demand and bad transactions.

Raw material shortage has forced Tata Steel to shut down one of its ferroalloy plant as the company waits for a renewal of its leases, over which competition is also making claims.