[Ferro-Alloys.com] In recent period, it seems that imported manganese ore spot prices in China still maintained flat. In fact, high cost but low sale already put market into standstill situation.

[Ferro-Alloys.com] It seemed that the tendencies of manganese alloy during August already become more clearly.as the new round tender for Chinese steelmills settled.

In the first ten-day of August, some of Chinese producers cut the ex-work price of calcium silicon under big pressure of weak demand and bad transactions.

In the first ten-day of August, prices of high grade nickel ores kept stable while price of low grade nickel ore price continued dropping.

In the first ten-day of August, LME nickel price hobbled due to the climbing stockpiles. On Aug. 6th, the closing price of LME was USD18733/ton and the stockpile was 318114 tons. Meanwhile, the Chinese domestic nickel market stayed soft with weak transactions....

EMM market in China was generally stable last week. In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB 12500-12700/mt (USD2016-2048/mt).

At the end of July, the nickel ores trading was still not optimistic as the buyers in Chinese market tried to pressure the price while the sellers held the price for rise.

In recent two months, the high FeNi operating rates was low and meanwhile many producers held the stock. However, the total supply in Chinese market was still high, and the main reason was that many steel mills cut down the purchasing volume.