The 21st century will see emerging markets dominate the world. Incredibly, emerging markets already contribute half of the world’s GDP — a portion which will only increase. Ken Wangdong, our Emerging Markets Analyst, is well aware of this trend. And he’s...

In the Chinese domestic market, the price of low-grade products mainly dropped, and the price of high-grade

[Ferro-Alloys.com]It seems that silicon manganese producers in North failed to dip quotation as steel mills anticipiantion. Instead of RMB100-150/mt downtrend for steelmakers bidding,

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt. Most V alloys suppliers secured low-priced raw materials, but vanadium pent oxide sellers were unwilling to sell materials.

[Ferro-Alloys.com]Chinese FeV was offered at RMB64,000-65,000/mt by acceptance. In late month, steel mill’s tender increased, but bids were different among them.

Overview on Parts of EMM Enterprises in China 2015

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.6/lbMo, as buyers had little intention of purchasing materials.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Major steel mill’s tender price slipped to RMB74,000-74,500/mt by acceptance. Resource tax increase had little effect on moly price.