Cored Wire Market Operation Was Bad in China (Apr7th –Apr11th)

[Ferro-alloys.com] Chinese ferrosilicon market hovered in the first ten days of April. Domestic price slightly dropped down compared with that in end-March.

[Ferro-alloys.com] Magnesium market was blooming with active transactions due to the increasing demand from consumers. Most of the Mg ingot producers are in full capability with very few or almost no stockpiles in plants.

[Ferro-Alloys.com] This week, poor sale and high stockpiles are blamed mainly for further downturn on imported manganese ore spot prices in China.

[Ferro-Alloys.com] As Chinese steelmakers further lowered purchase prices, it seems that poor situation for manganese alloys will maintain during April.

[Ferro-Alloys.com] This week, Ganzhou Tungsten Industry Association released April price for tungsten concentrate ore 65% with only RMB115.000/mt on the basis of RMB118,000 in March. Meanwhile, APT price was also dropped to RMB176,000/mt from RMB183,000/mt. I

Chinese EMM Market Went Downward (Mar.31st –Apr4th)

Cored Wire Market Was still Weak in China (Mar.31st –Apr4th)