[Ferro-Alloys.com] With ample mineral resources,mining has been the pillar in South African economy. In recent year, South Africa’s miners apparently have reaped handsome profits in expanding production capacity of crude steel.

[Ferro-Alloys.com]As Spring Festival is around the corner, it seems that few transactions can be made on manganese alloys spot market. The quotation was basically in line with last week.

[Ferro-Alloys.com] In recent period, Chinese imported manganese ore spot market remained calm as more traders off-work for holiday, and faltering demand led to somewhat standstill for transaction.

In the six months as of early February 2015, the low grade nickel ores price in Chinese market continued to decline with drop rate of 43%. In mid-Feb., the Ni ore with Ni0.9-1.1%，Fe49% was quoted at RMB210-220/wet mt.

After more than half years’ decline, the low grade nickel ores future price dropped to low level in end-Jan. of 2015 and the price was quoted at USD13-15/wet mt(FOB, main ports of Philippines) with dorp rate of 68%

[Ferro-Alloys.com]Chinese FeW was offered at RMB150,000/mt(USD24,590/mt, export duty excluded) by acceptance. Suppliers received thin orders, opting to shut down. The entire deals were not much.

[Ferro-Alloys.com]Chinese W concentrates was offered at RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded). Downstream buyers have stocked enough raw materials, decreasing the entire demand. By contrast, miners were on holidays, leading to supply ...

[Ferro-Alloys.com]As China’s Spring Festival gets closer, high-carbon ferrochrome supply in Inner Mongolia remained tight. Most ferrochrome producer in Inner Mongolia are producing for orders after most major stainless steel makers released their new tender p...