[Ferro-Alloys.com] The price of Chinese silicon manganese products dropped drastically during the past week. The quotation of silicon manganese 6517 was RMB6200-6400/mt in Ningxia, the quotation was RMB6200-6300/mt in Inner Mongolia, the quotation of silicon m...
[Ferro-Alloys.com]Chrome ore spot prices and futures prices continued to rise, even though tender prices of high-carbon ferrochrome dipped again following July.
[Ferro-Alloys.com]China's high-carbon ferrochrome prices mixed when tender prices from steel mill fell and chrome ore prices kept surging, and some producers raised their prices;
[Ferro-Alloys.com]Some high-carbon ferrochrome producers lowered their prices after August saw a decline in the tender prices, however, some producers increased their prices due to the previous surge in chrome ore prices and the tight supply.
[Ferro-Alloys.com]Chrome ore prices remain high, which makes the chrome ore traders extremely cautous, and in the mean time, chrome ore stock in China's ports remains record low.
[Ferro-Alloys.com]Due to the high chrome ore prices, China's ferrochrome prices remain stable despite the fact that stainless steel mills cut their tender prices in August. In the meantime, some producers cut their prices.