Magnesium ingot producers said supply remained steady despite some Fugu-based producers conducting summer maintenance over their facilities. This week magnesium ingot producers kept flat offers.

[Ferro-Alloys.com] Chinese FeV price maintained steady, as steel mills purchased small volumes. In the dull season, major mills didn’t launch much bid, the business concentrating on scattered tenders, which transacted at RMB-/mt by acceptance.

[Ferro-Alloys.com] Chinese FeMo price kept steady, due to limited buying volumes of steel mills. In traditional dull season, steel mills earned little profit so that they couldn’t enlarge the tenders for raw materials.

[Ferro-Alloys.com] Apart from low sale price, extending payment period for steelmakers on alloy purchase also increased producers’ capital pressure since this year. In fact, high production cost, low sale, poor demand together with slowing capital return alwa...

[Ferro-Alloys.com] In recent period, Australian Mn46 lumps are currently maintained at RMB33.5-34.5/mtu and RMB33.5-34/mt for Mn48 sand ore. Price of Gabonese Mn 45-46 lumps are now lingered about RMB31.5-32/mtu while

Cored wire market was generally stable in China last week. In Henan province, mainstream ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB13000mt (USD2097/mt) recently.

Chinese calcium silicon market maintained silent in the second ten-day of July with no improvement for transactions and capability utilization rate at a higher level of 70%.

As magnesium producers of top production region-Fugun and Shenmu counties of Shaanxi province were seen with gradual summer maintenance over their facilities. Shanxi and Ningxia producers had kept normal operation