In recent week, the nickel ores purchase was still active in Chinese market. The medium and high grade nickel ores price further increased along with the decreasing stock.
In recent week both the domestic and import ferrochrome price kept stable. For the new round of purchasing price of high carbon ferrochrome, some FeCr producers preferred the price to be steady to reduce the cost rise of chrome ores. Now the
This week the chrome ores spot price remained stable while considering the tight fund at the end of the year, the FeCr producers preferred to buy the futures materials and tried to pressure on the spot price
Ferro-Alloys.com] Silicon manganese 6517 is currently pricing at RMB5,900-6,100/mt and RMB5,300-5,400/mt for 6014. High carbon ferromanganese 65 is now concentrating on 5,300-5,400/mt.
[Ferro-Alloys.com]Australian Mn46 lumps are currently focused on RMB33-34/mtu andRMB33-33.5/mtu for Mn48 sand ore. South African Mn38 lumps are pricing at RMB28.5-29.5/mtu while RMB32-33/mtu for Mn32%Fe20%.