[Ferro-Alloys.com]Chrome ore prices slipped a little over the weak demand in the dull market. The futures prices of South Africa origin chrome ore concentrate...
[Ferro-Alloys.com]Chinese FeMo price edged down, but the deals were limited. Downstream steel mills with bad situation pressed raw materials bids, FeMo60 transacting at RMB89,000-90,000/mt (USD14,590-14,754/mt, export duty excluded) by acceptance.
[Ferro-Alloys.com] In recent period, ongoing flat demand aggravated shutdown for non-standard silicon manganese factories in Guangxi and Hunan of China.
[Ferro-Alloys.com]Production rate for ferrochrome fell down due to the increase of power prices with the return of dry season in Sichuan. The production rate fell to 50-60% in November, said one of the largest ferrochrome producers in this province.
In Oct., capacity release in most FeNi producing areas of China declined. In addition, the situation was not changed in Nov.. As the weak condition of nickel and stainless steel market had last for a long time, the steel mills did not have much raw material st...
Entering Nov., medium and low grade nickel ores production basically stopped. Adding to the unstable nickel price, many importers of China stopped the operation. Now as many FeNi enterprises cut down the production, the purchase for nickel ores was not active....
Ferro-Alloys.com]In recent period, operation rates of manganese alloy surrounding Beijing on the decline slightly due to environment protection for APEC meeting, which produces negative impact on ore sale market. In fact, given large alloys companies already e...