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...

[Ferro-Alloys.com]According to China Customs data, China's import volume of chrome ore totaled 0.868 million tonnes in March 2015, increasing by 36% from previous month, which was an obvious rise compared with that in October 2014 to February 2015 when the mon...

[Ferro-Alloys.com]Chinese FeV was offered at RMB64,000-65,000/mt by acceptance. In late month, mills intensively purchased raw materials, but volume was limited. The tender price improved a bit to RMB64,000/mt by acceptance.