Along with the recovering production, the low FeNi price declined to RMB2420-2450/mt, RMB60/mt lower than last week. if some enterprises in Linyi, Shandong would resume in May as expected, the supply would further increase.

In recent days, the low FeNi supply increased along with the production recover of some enterprises. However, as the demand from steel mills was weak, the low FeNi price declined by RMB50/mt to RMB2420-2450/mt.

[Ferro-Alloys.com]LME nickel price hit a six-year low on April 1, 2015, and then rebounded during the week. The price continued to fall in the following week.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt. V alloys had difficulty of buying low-priced raw materials, by contrast, vanadium pent oxide suppliers firmed quotation, first supplying old customers.

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB64,000-65,000/mt by acceptance. Steel mills pressed the tender price, leading to continuous softness of V alloy despite of firm upstream raw materials cost.

In quarter 1 of 2015, high ferronickel price continued to decline. At the end of Mar., the high FeNi was quoted at RMB980-990/Ni, with decreasing rate of RMB100/Ni. Under weak market condition, high fund pressure and strict environmental condition, the discont...

[Ferro-Alloys.com]Inner Mongolia Zhonghao Trading Co.ltd was lied in Inner Mongolia Autonomous Region, producing metal Ca, CaSi cored wire, and FeCa cored wire. The company pursued quality first, customer paramount, sincerely providing various products to cust...

[Ferro-Alloys.com]In early April, Chinese FeMo price softened. At the end of last month, major steel mills cut the tender price for FeMo to RMB77,000/mt, but middle & small mills’ transaction price just reached RMB80,000/mt. Presently, the FeMo buying activit...