Shares in iron ore mining company MMX Mineração e Metalicos were falling by almost 8% Tuesday, hitting an all-time low, after a broadly read Brazilian magazine reported the company may file for bankruptcy protection.

On Aug 12th, Ministry of Industry and Information Technology of China released the second batch of outdated capacity, which should be closed and removed before end of this year. In the list, 2 steel companies with capability of 3 million tons, 3 companies wit...

[Ferro-Alloys.com]Overseas moly oxide price rebounded to USD-/lbMo. Consumers didn’t return to the market, so the price bounce was prompted by traders’ buying activities.

[Ferro-Alloys.com]Chinese Femo60 was offered at RMB-/mt by acceptance.

[Ferro-Alloys.com]Silicon manganese prices fell for the 3rd week with demand dented as buyers were withdrawing offers owing to diminishing steel margins.

[Ferro-Alloys.com] As flat demand, it seems that rich manganese slag remained at poor situation in China with falling by RMB20-40/mt in recent period.

Chinese calcium silicon market kept stable in August although some producers cut their offers slightly. Presently, there are about 10 sets of furces with capability at or above 30000KVA in production.

Perspective on Global Si Metal Market: Low in Asia & High in Western Areas