[Ferro-Alloys.com] Despite high water season in south of China, it seems that disappointing sale for manganese alloys contributed directly to low operation rates.

[Ferro-Alloys.com]In August, 2014, China exported 18mt FeTi, 17times higher than July(1mt). The export volume of last August was zero mt.

[Ferro-Alloys.com]In August, 2014, China exported 205mt APT, down 47.7% Compared with 392mt in July and 13.5% Compared with 237mt last August.

[Ferro-Alloys.com]LME nickel price continued to fall after reaching about $20,000/t at the beginning of July this year. The price kept stable around $18,600/t throughout August as the Indonesia treasury lowered the export tariff for concentrate ore....

[Ferro-Alloys.com]The LME nickel price closed at $16,860/t last week, with high at $17,854/t and low at $16,483/t, down 5.15%. On Tuesday this week, the price reached a fresh low this month at $16,483/t, which brought the price back to the beginning of April t...

[Ferro-Alloys.com] Given ample supply in China, it seems that imported manganese ore spot market in China would be hard to show dramatic change.

For the poor market situation of stainless steel and nickel, the FeNi capacity release would not recover then. The nickel ores price still suffered falling risk.

At the end of Sept., most of stainless steel mills had cut down the benchmark price of high FeNi in Oct.. In addition, the LME nickel price had declined for three weeks. In this condition, many manufactures presented pessimistic attitude for FeNi market and we...