[Ferro-Alloys.com] Chinese FeV price kept steady, as steel mills’ tenders increased in late month. Bids for FeV50 were as high as RMB-/mtby acceptance, which sustained FeV market to some extent.

It’s wet season in the early of this week. Most Si plants restarted furnaces and the capacity utilization rate was good in Sichuan province.

Most CaSi products were supplied to old clients and new orders were hard to get. Meanwhile,

[Ferro-Alloys.com] Chinese FeMo price kept steady, and the deals were adequate. Producers boosted their confidences in the domestic moly market, and rejected to drop offers, so steel mills were forced to raise tender price.

Affected by the rising trend of foreign market, the spot price of high grade nickel ores in Chinese market continued to improve. However

For the rising demand from steel mills, the low ferronickel price rose significantly

Import market of ferrochrome was under much pressure from China as ferrochrome market weakened continuously in China. However, the Indian suppliers showed optimism for the future market

This week, spot and futures price of ferrochrome kept stable temporarily in China.