[Ferro-Alloys.com]In May, due to lackage purchase of the Steel Plant, the quotation of domestic Low FeNi declined.

[Ferro-Alloys.com]In mid-May, LME Nickel price trend became weak after two weeks’ rebound.

From mid Oct 2014, domestic FeSi market experienced a ongoing slump. In May 2015, Hebei Iron & Steel Group’s 72# bidding price further declined to RMB5,100/mt, shrinking almost RMB750/mt compared to last year.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Steel mills pressed the tender price, so high-priced materials couldn’t be transacted. The major transaction price of FeMo was RMB74,500/mt by acceptance.

Ferro-Alloys.com]It is reported that BHP already unveiled new round manganese ore shipment to China.

In May, Guangxi Development and Reform Commission informed some policies about commercial powder, which is beneficial to electrolytic manganese metal production and promote this industry to develop.

In recent period, Chinese silicon manganese failed to in good shape amid weak demand. It is reported that a few big ore suppliers in China may join hands to advance the manganese alloys price with an expectation of market stability, despite high stockpiles of ...

[Ferro-Alloys.com]Overseas APT kept steady, transacting at USD245/mtu. Despite of export tariff removal, massive smuggling materials repelled routine export. So the transaction volume was not much.