[Ferro-Alloys.com] In recent period, silicon manganese 6517 was quoted at RMB5,300-5,500/mt in North while RMB5,600-5,700/mt. High

[Ferro-Alloys.com]By the early period of May, there were no signs of further fluactuation in the price of imported manganes ore in China. Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.

The report further breaks down the various types of manganese alloys, starting with silicomanganese, which has been negatively affected price-wise due to slowed steel production and falling manganese ore prices. Specifically, production of the alloy in January...

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt. Most V alloys suppliers secured low-priced raw materials, but vanadium pent oxide sellers were unwilling to sell materials.

[Ferro-Alloys.com]Chinese FeV was offered at RMB64,000-65,000/mt by acceptance. In late month, steel mill’s tender increased, but bids were different among them.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.6/lbMo, as buyers had little intention of purchasing materials.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Major steel mill’s tender price slipped to RMB74,000-74,500/mt by acceptance. Resource tax increase had little effect on moly price.

[Ferro-Alloys.com]Some of China's major stainless steel makers have settled their new tender prices in early May, in which we see a slight decline in the prices. All of JISCO, Baosteel and Tsingshan lowered their tender prices by RMB50/50MT.