Baosteel July 2015 HC Ferrochrome Tender Price Announcement

[Ferro-alloys.com]June is a season that makes one happy and sad. Chinese FeSi market is rising steady while International FeSi Market is slipping again and again.

[Ferro-Alloys.com]Chinese FeMo was quoted at RMB71,000-72,000/mt by acceptance. In late month, steel mills intensively launched bids, however, in the upcoming summer, steel mills cut buying volumes. The transaction price hit a new low to RMB67,700/mt.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD9.3/lbMo. Approaching the summer vacations, customers quitted the market for holidays.

In June, the price of EMM in European countries rose about USD25 per mt twice. According to the latest MB data, by the end of June, 26th, the price of #99.7% EMM from Rotterdam warehouse was about USD1,800-1,850 per mt.

Selenium dioxide is a kind of chemical raw materials, mainly used in electrolytic manganese metal(EMM)industry. Produce one ton EMM needs about 1-1.5kg selenium dioxide 98% (according to different process), which accounts for about 7 per cent of the total cost...

[Ferro-alloys.com]The sustained FeSi price decline made FeSi enterprise in deficit from January to May in 2015. The rising purchase price of steel mills did not give assurance to manufactures, they held a wait and see attitude at operating rate. If they insist...

[Ferro-Alloys.com]The mainstream FeSi price kept steady recently, FeSi72# price was RMB5,100-5,200/mt, and FeSi75# price was RMB5,300-5,400/mt.