Daily Express
Chinese FeTi Price Maintained Steady
[Ferro-Alloys.com] Chinese FeTi Price kept steady, with FeTi30 being quoted at RMB8,700-8,800/mt (USD1,426-1,442/mt, export duty excluded),(25basia), FeTi40 RMB12,000-12,100/mt (USD1,967-1,983/mt, export duty excluded) (25basis) and FeTi70 RMB33,000-34,000/mt ... |
Overseas Moly Oxide Price Stabilized, as Export Duty Removal didn’t Affect Current Price
[Ferro-Alloys.com]Overseas moly oxide was offered at USD7.9-8/lbMo, and transacted at USD7.8-7.9/lbMo. Despite that the 15% export duty of moly oxide was removed, export price didn’t drop much. |
Mixed-Effects due to Ferrophosphorus Export Duty Removal from May 1st
China will remove the interium export duty of other ferroalloys including ferrophosphorus (FeP) from May 1st, 2015. Enterprises indicated there may be some advantages and disadvantages coexisting for the removal. |
BHP Released May Mn Ore Shipment to China
[Ferro-Alloys.com]It is reported that BHP already unveiled new round manganese ore shipment to China. |
EMM Large Enterprises Observed the Market
Some merchants shows when the price declined to CNY11,100 per mt, more and more small plants had to stop producing. |
FeW Export Share might Expand due to Duty Removal
[Ferro-Alloys.com]Since May1st, FeW export duty dropped to zero from 20%. Customers called to know the newest price after duty removal. Their buying intention improved, with many orders in negotiation. |
Chinese Vanadium Pent Oxide Price Stabilized, while Vanadium Nitrogen Alloy Price Softened
[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt, which was rather firm. Most V alloy actively secured low-priced materials, but vanadium pent oxide suppliers rejected to sell at low level. |
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