[Ferro-Alloys.com]During the summer vacations, overseas APT market was sluggish, as customers degraded operation rate. Exporters sold materials on long-term contract, lacking spot inquiries and transactions.

[Ferro-Alloys.com]Overseas APT quotations were in chaos. Prior to summer vacation, steel’s low operation rate degraded customer’s buying intention, so the entire transaction was inactive.

[Ferro-Alloys.com]Chinese APT transacted at RMB118,000-119,000/mt due to large stock in the market. Downstream hard alloys suppliers reported low operation rate, in absence of extra demand.

[Ferro-Alloys.com]Chinese APT transacted at RMB132,000-133,000/mt amid weak demand, but the deals were slim.

[Ferro-Alloys.com]Overseas APT kept steady, transacting at USD245/mtu. Despite of export tariff removal, massive smuggling materials repelled routine export. So the transaction volume was not much.

[Ferro-Alloys.com]Chinese APT was offered at RMB135,000/mt(USD22,131/mt, export duty excluded). After the Spring Festival holidays, consumers implemented materials, as well as increased W concentrates cost supported the market.

[Ferro-Alloys.com]Overseas APT stabilized at USD290/mtu. After the Spring Festival holidays, overseas customers sent limited inquiries, as they owned several inventory.

[Ferro-Alloys.com]In December,2014, China exported 195mt APT, down 21% compared with last December(247mt), and an increase of 24.2% from November (157mt).