[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB57,000-58,000/mt. Driven by domestic V alloy and overseas FeV market bounce, vanadium pent oxide suppliers improved quotation, even some held materials tight. Vanadium pent oxide price rose slight...

[Ferro-Alloys.com]Chinese FeV was offered at RMB64,000-65,000/mt by acceptance. In late month, the tenders of mills increased, resulting in FeV suppliers to firm quotation. Some mills improved tender price for FeV50 to RMB64,500/mt by acceptance.

Recently, manganese ore port spot quotations are tending upward while semi carbonate manganese ore price held steady in South Africa due to surplus supply.

In April 2015, Customs data showed that China imported 296,057 tons ferro alloys (Tariff Number: 72021100-72029999, including ferro alloys and Si products), increasing by 2% month on month (290,521 tons) and 25.9% year on year (235,198 tons).

Customs data showed that China exported 95,195 tons ferro alloys (Tariff Number: 72021100-72029999, including ferro alloys and Si products) in April 2015, increasing by 15.2% month on month (82,596 tons) and decreasing by 16% year on year (113,394 tons).

At the end of May, the LME Nickel price further declined along with the surging stock. On May26th, LME Ni price closed at USD12, 715/mt, which decreased by USD745/mt month on month

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. In late month, major steel mills actively entered the market to supplement materials, but they only purchased required volumes.

[Ferro-Alloys.com]Anyang Dongfeng Metallurgical Co.ltd lied in Anyang city, Henan province, where transportation was convenient and mine resources were abundant.