[Ferro-Alloys.com]It seems that Chinese manganese alloy market kept calm in the wake of traditional week-long holiday with few transactions can be done in spot market.
[Ferro-Alloys.com]It is reported that China totaled imported 1.506 milion tons of manganese ore in January of 2015, up12.47% compared to last month 1.3393 million tons, but down slightly compared to the same period of last year according to data from Chinese C...
[Ferro-Alloys.com]Through Chinese New Year holidays ended, weak demand for chrome ore continued with few inquiries in the market for most ferrochrome producers purchased enough chrome ore before Chinese Spring Festival.
[Ferro-Alloys.com]China’s domestic chrome market remained weak after the Chinese New Year holiday. Most ferrochrome producers are busy producing for previous order, which are expected to be finished in early March.
[Ferro-Alloys.com]After the long holidays, suppliers successively returned to the market, but the operation rate was low. FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance.
[Ferro-Alloys.com]After the Spring Festival holidays, overseas moly oxide rebounded to USD8/lbMo. Some buyers returned to the market for raw materials, which enhanced the confidence of participants.
During the Spring Festival holidays, LME nickel closing price fell below USD14000/mt while the FeNi and nickel ores price stayed stable. Even though the statutory holiday was over, many factories, steel mills and traders was still on leave and the nickel marke...