JISCO June 2015 HC Ferrochrome Tender Price Announcement

Because of all kinds of factors, a large number of EMM manufacturers had to stop production and did others business. Only some large factories produce, but they didn’t want to offer their products’ price.

[Ferro-Alloys.com]Chinese FeV was quoted at RMB65,000-66,000/mt by acceptance. In late May, steel mills intensively purchased raw materials, and the tender price also showed upward trend.

[Ferro-Alloys.com]In summer, some steel mills made overhaul and cut output, decreasing the buying volumes of raw materials cored wires.

[Ferro-Alloys.com]In recent period, mainstream price of South African High Fe Mn30-32%Fe20% in China kept the level of RMB23.5-24/mtu and RMB24.5-25/mtu for，Mn35-36%Fe18%.

[Ferro-Alloys.com]This week, CaSi price continued to decline, CaSi transaction market was slim.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In late May, major steel mills entered the market, but the tender price was not as expected.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.7/lbMo amid limited demand. Buyers owned several stocks of raw materials, so they had little intention of buying materials.