As reported, International Nickel Study Group announced on Tuesday that global nickel oversupply shrunked 50% to 53200t from Jan. 2015 to Nov. 2015.

When it comes to metals prices, GMK Norilsk Nickel is preparing for the worst. The Russian company that vies with Vale as the biggest producer is budgeting for an average of about $9000 a metric ton in 2016, said two people familiar with the situation.

[Ferro-Alloys.com] In recent period, price of electrolytic manganese flake in Chongqing, Hunan and Guangxi main production areas rose to around RMB 9,800/mt-10,000/mt on the basis of last week RMB9,600-9,800/mt.

Last week low-grade nickel ore 0.9-1.1% was quoted at about 140yuan/t; mid-grade nickel ore 1.5% was quoted at about 200 yuan/t; high-grade nickel ore 1.8% was quoted at 330 yuan/t in domestic market. In international market, low-grade nickel ore 0.9-1.1% was ...

[Ferro-Alloys.com]With the pressure to devalue RMB, foreign traders did not soft-hearted to China exporters, they still has greater efforts, and the recent program to watch Financial economists unknown the current state, in December last year, the Fed rate hik...

[Ferro-Alloys.com]Both TISCO and Tsingshan Group slashed their tender prices of high-carbon ferrochrome in January 2016 again, both of which dipped more than 16% in the latest two months, indicating that China’s high-carbon ferrochrome prices have collapsed. ...

[Ferro-Alloys.com]The collapse of high-carbon ferrochrome tender prices from TISCO and Tsingshang Group put more pressure on the weakening chrome ore prices, which would lower the chrome ore prices further in the coming weeks. The prices of South African origi...

[FerroAlloys.com]In mid Jan, Chinese imported manganese ore spot market kept in good performance thanks for upward trend of silicon manganese.