Market price of ferrosilicon remained below production cost line and ferrosilicon producers were seen with reduced numbers of furnaces into operation, but mainstream ferrosilicon prices were still stable in main production regions.

Affected by the weak market condition of the low ferronickel, the low-grade nickel ores future price also declined

Till the end of this week, the imported prices of ferrochrome CIF Chinese ports had been as follows, India ferrochrome, USD0.82-0.83/lb Cr; South African ferrochrome, USD0.81-0.82/lb;

FeCr price dropped by RMB50/mtu in June. Considering the high costs pressure, suppliers had to reduce the storage for raw materials. The transaction of chrome ore was not that active.

During June and August, the stainless steel production would enter the off-season, which reduce the demand of the raw material-ferronickel.

Supply of Si products was still tight on spot market and it’s hard to purchase. In mid-June,

In mid-June, although CaSi prices had less change compared with previous week,

EMM price in China continued to rise last week as operation was bad and spot supply was in shortage. In the manganese triangle area, mainstream ex-work price of manganese flake