All in all, whether or not the new bidding price for steelmakers on ferromanganese purchasing can hold steady is still depend on relationship between market demand and supply.

EMM market in China was stable and procurement was all right recently.

[Ferro-Alloys.com] It is reported that nickel price on the LME has climbed to a 14 month high point, which is mainly due to the tighter supplies. LME nickel prices settled at US$18,460 on April 24th.

European ferro-molybdenum prices lost some ground for the first time in several weeks on Wednesday April 23, following the Easter holidays.

Furthermore, exchange rates fluctuation frequently also aggravates market potential risk. In fact, it is well known that Renminbi depreciation will increase production cost in importing manganese ore.

Furthermore, exchange rates fluctuation frequently also aggravates market potential risk. In fact, it is well known that Renminbi depreciation will increase production cost in importing manganese ore.

FeSi producers were in deficit and overall operation rate kept low in some main production regions, which indicated the output would be affected.

[Ferro-Alloys.com]European moly oxide price continued to rise due to tight supply and strong demand. Moly oxide transaction price rose to USD--/lbMo, and deals were rather active, excluded the suspension in the Easter holidays. Overseas stainless steel output ...