Weekly Reports
FeSi Producers Had Few Spot Materials in China (May19th-May23rd)
Ferrosilicon producers had few or none spot materials in China in late May and steel mills’ June purchase volumes were expected to keep nearly the same as May. Large ferrosilicon producers had taken the lead in offering higher prices and June purchase price w... |
Mn Ore Import Spot Market Still Faces Risk of Downturn in China (May 19th - May 23rd)
This week, it seems that price of imported manganese ore fails to stop sliding. Mn46 lumps are now tumbling at RMB34-35.5/mtu and RMB34-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to around RMB29-30/mtu, Brazilian Mn 44-45 lumps are lowering t... |
Chinese Mn Alloy Market Kept Calm in Recent Period (May 19th - May 23rd )
It seems that tranditional peak season for steel fail to boom manganese alloy as usual, movement of manganese alloy lowered than participants’ expectation. Slowing growth demand for steel mills brings about price of alloys maintain leveling off on the basis o... |
China EMM Market Went Up (May19th –May23rd)
EMM price in China rose up last week as operation was bad and spot supply was in shortage. In the manganese triangle area, mainstream ex-work price of manganese flake had |
FeCr was likely to Decline in June-China (May19th-May 23rd)
At the end of May, the ferrochrome price kept stable, waiting for the new round of purchasing from steel mills. Now the mainstream price of high carbon ferrochrome was RMB6,500/mt. |
South African Chrome Ores Price was Firm for Multiple Factors (May19th-May 23rd)
This week the South African chrome ores future price rose by USD5-10/mt while the spot price increased by RMB0.5-1/mtu. |
High FeNi Tender Price Increased while Purchasing Volume down in June-China (May19th-May 23rd)
Steel mills had released the purchasing price, which mainly fluctuated between RMB1, 440-1,450/Ni (delivery price with tax). |
Nickel Ores Continued to Go up for Strong Demand (May19th-May 23rd)
By now the Indonesian policy was still firm. Even though the election in July was one factor for the change, the President of the Chamber of Commerce in Indonesia said the export ban was likely to be abolished. |
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