Weekly Reports
Massive Inventory of Imported Mn Ore in China Continued to Trouble Spot Market(June 09 th -June 13th)
[Ferro-Alloys.com]In recent period, Mn46 lumps are now tumbling at RMB33.5-35/mtu and RMB33.5-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to around RMB28.5-29.5/mtu, Brazilian Mn 44-45 lumps are lowering to RMB31-31.5/mtu while RMB31.5-32.5/mt... |
Chinese Cored Wire Market Was Peaceful (June9th –June 13th)
Cored wire market price was still stable in China last week. In Henan province, ex-work price of Ca98%min∮9㎜ pure calcium wire stayed around RMB 12200/mt (USD 2033/mt) . Ex-work price of Ca28Si55∮13㎜ CaSi wire stayed at RMB 9800-10000/mt. Ex-work price of ... |
Mg Price Improved with Reduced Inventory in China
Mg Price Improved with Reduced Inventory in China |
Ningxia FeSi Producers Continued to Raise Quotations with Tight Supply of FeSi75# in China (June9th-June13th)
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. |
Nickel Ores Price Further Decreased for Weak Demand-China (Jun.9th-Jun.13th)
Affected by the weak market condition of the low ferronickel, the low-grade nickel ores future price also declined |
FeNi Market totally dropped on weak Demand from Steel Mills-China (Jun.9th-Jun.13)
During June and August, the stainless steel production would enter the off-season, which reduce the demand of the raw material-ferronickel. |
FeCr Producers Lowered Quotations with Little Intention of Resuming Production in China (June9th-June13th)
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; |
Transaction of Chrome Ores Was Inactive, SA Price in High Levels (June 9th-13th)
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. |
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