On September 29th, it is estimated that the market price of silicon manganese products will continue to fall. Many enterprises will face with cutting and halting production.
[Ferro-Alloys.com]Baosteel released its tender price of high-carbon ferrochrome for October, with the new tender price at RMB6,000/T Cr 50% basis, down RMB150/T, and the mill would purchase 18,000 tonnes of high-carbon ferrochrome in the month.
[Ferro-Alloys.com]Chinese FeV was offered at RMB48,000-49,000/mt by acceptance. In late month, major steel mills intensively launched bids, but the entire demand didn’t improve much, exerting downward pressure on V alloy procurement.
[Ferro-Alloys.com]Recently, Nanjiang office of Tianjin Entry-Exit Inspection and Quarantine Bureau found a batch of imported Australian manganese ore was about 200 tons short in dry weight, its short weight rate is as high as 38‰, short weight value is about ...
[Ferro-Alloys.com] the price was stable and was not enough season to increase more, while the low grade silicon metal 553#,441#, the price increased about RMB100/MT to 150/MT in September.
[Ferro-Alloys.com]Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. In late month, major steel mills successively entered the market, but they pressed the tender price.