[Ferro-Alloys.com]As steel mills settled December purchase on manganese alloys, it seems that silicon manganese market showed a gradual calm after a slight downturn in the early month.
In 2014, in addition to quarter 1, the chromium metal in European market presented an optimistic condition. From Q2, the chromium metal started to recover, which reached the highest point of USD9300-9625/mt during end of Aug.
]In quarter 1 of 2014, the chromium metal price in Chinese market was weak, the mainstream price was RMB48000-52000/mt. since May, the price started to recover, mainly because of the rising exports and decreasing output of Chinese large manufactures.
[Ferro-Alloys.com]The LME nickel price rose last Friday, Dec 12, creating an intraday high at 16725 with a low at 16228, closing at 16675, up 2.76% all day.