[Ferro-Alloys.com] Chinese FeV50 was offered at RMB78,000-79,000/mt(USD12,786-12,950/mt, export duty excluded) by acceptance. Steel mills made intensive tenders in late June, but bids were rather low as they earned limited profit.

Nickel advanced to the highest since May as the U.S. unemployment rate fell to the lowest in almost six years, signaling that stronger economies will boost demand amid supply curbs.

[Ferro-Alloys.com]In May, 2014, China exported -mt APT, up -% compared with last May (-mt), and -% from April this year (-mt).

[Ferro-Alloys.com]In May, 2014, China exported -mt FeW, down -% compared with April this year (-mt).

Comparatively Low Operation Rate in Main Chinese FeSi Regions in June 2014

[Ferro-Alloys.com]Chinese FeW price kept steady, as steel mills purchased normal volumes.

[Ferro-Alloys.com]Chinese W concentrates was offered at RMB-/mt by acceptance.

ne of the major reasons was the downturn production of steel mills. It was learned that Posco, Jisco and some other steel mills had already planned to overhaul.