Prediction
Overseas Moly Market Climbed up, and See Continual Rise
[Ferro-Alloys.com]European moly oxide price surged to USD-/lbMo, driven by strong demand. Downstream steel industry showed healthy signs, which elevated moly materials demand. By contrast, European moly supply was quite tight, as many participants, including c... |
SiMn Prices on Track to upward Trend in China for June
[Ferro-Alloys.com] The two biggest silicon manganese purchasers in China, Hebei Iron and Steel Group coupled with Shagang Group put bidding price up by RMB50/mt, the movement of steels set a positive signial on silicon manganese market in June. |
Price of MC FeMn Showed Edge up Slight in China
[Ferro-Alloys.com] It seems that an increasing bidding price of steel mills gave a slight stumilate on medium carbon ferromanganese market in China in recent period. Despite flat demand, domestic traders still made effort to push price up by RMB100/mt instead ... |
Confidence of Mn Alloy Suppliers Got Lift somewhat as Mills Increasing Bidding (May 26th-May 30th )
Silicon manganese is currently quoted at RMB6,400-6,600/mt for 6517 while RMB5,700-5,800/mt for 6014. High carbon ferromanganese 65 is now priced at 5,600-5,800/mt. Medium carbon ferromanganese 75C2.0 with low p containing is focusing on RMB8,100-8,200/mt whil... |
Imported Mn Ore Spot Price Kept at Low Level in China (May 26th-May 30th )
[Ferro-Alloys.com] In recent period, imported manganese ore spot market failed to show improvement. Mn46 lumps are now tumbling at RMB34-35/mtu and RMB34-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to around RMB29-30/mtu, Brazilian Mn 44-45 lu... |
Mg Price Dropped with Weak Deals in China(May26th-May30th)
Mg price suffered sharp decline in China this week, with mainstream Shaanxi Mg99.90% price declining to RMB14,600-14,700/mt(USD2,338-2,354/mt), non-pickling ex-work tax-inclusive price in cash, |
Flat Purchase Prices of Steel Mills Increased in China(May26th-May30th)
This week ferrosilicon producers had few spot materials with overall stable operation rate. This week many large steel mills such as HBIS, TISCO, WISCO, Shagang Group and Rizhao Steel had launched bids for June ferrosilicon and HBIS had released June purchase ... |
Chinese FeV Price Steadied While Overseas FeV Price Edged Down (May 26th -30th)
[Ferro-Alloys.com] Chinese FeV price kept steady, as steel mills’ tenders increased in late month. Bids for FeV50 were as high as RMB-/mtby acceptance, which sustained FeV market to some extent. |
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