[Ferro-Alloys.com]Some of China's major stainless steel makers have settled their new tender prices in early May, in which we see a slight decline in the prices. All of JISCO, Baosteel and Tsingshan lowered their tender prices by RMB50/50MT.

[Ferro-Alloys.com] It is reported that silicon manganese production in Q1 of 2015 for Wulanchabu City reached 236

Tsingshan May 2015 HC Ferrochrome Tender Price Announcement

[Ferro-Alloys.com] As further downtrend of steelmakers bidding for May, it seems that silicon manganese spot market in China would be still hard to get out of dropping for the whole month.

So far, the price of EMM in European countries kept stable. According to the latest MB data, the price of #99.7% EMM from Rotterdam warehouse still was about USD1900-1950/mt.

[Ferro-Alloys.com]Since May, 1st, 2015, Chinese government will change resource tax of rare earth, W and Mo from ad specific to valorem tax.

cored wire

At present, the price of EMM in domestic main producing areas was about CNY10,800-11,000 per mt. Some large enterprises, such as Kingray New Materials Science & Technology Co., Ltd. maintained the price of CNY11,000 per mt, while some small enterprises or merc...