[Ferro-Alloys.com]In recent period, rich manganese slag spot market kept in poor performance with flat demand. Rich Manganese SlagMn25% in Lingqiu of Shanxi

According to Customs data, in the first five months of 2015, China totally exported 5, 149, 619 kilograms FeNi products, down 44.66 percentages Y-O-Y. And the total amount decreased to USD20, 279, 433, down 37.82 percentages Y-O-Y.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB58,000-59,000/mt. Suppliers were difficult to sell materials amid limited demand, so bids dropped progressively.

[Ferro-Alloys.com]Chinese FeV was offered at RMB65,000-66,000/mt by acceptance. In late month, steel mills intensively launched tenders, but bids decreased slightly with the upcoming summer. FeV50 transaction price dropped to RMB64,000-65,000/mt by acceptance.

[Ferro-Alloys.com]It is reported that China totally imported 1.069 million tons of manganese ore in May according to data from China Customs Statistics.

[Ferro-Alloys.com]After the Dragon Boat Festival, Chinese FeMo price slipped to RMB73,000-74,000/mt by acceptance. Downstream steel mills slowed stocking, so FeMo deals were slim.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD6.65/lbMo. Close to the summer vacations, steel’s operation rate lowered, in addition that buyers owned enough stock of raw materials, so the buying volumes were limited.

[Ferro-Alloys.com]It is said that the big manganese ore giant, BHP already knocked down July manganese ore shipment to China. Australian lump ore Mn45.5% Fe<5% maintained