Ferrochrome Furnaces of Guimei Metallurgical at Full Production

China will remove the export duties of some commodities from May 1, 2015. The related commodities include ferromolybdenum, ferrotungsten, ferro-tungsten-silicon, rare earth ect, detailed as follows,

Recently, Jingxi Dameng New Material Co.,Ltd. produced EMM normally, about 50 tons per day, and the price was about CNY11,000 per mt.

[Ferro-Alloys.com]Zhinxin Trading Limited is a high-carbon ferrochrome producer, located in Inner Mongolia. The company has a production capacity of 20,000 tonnes of high-carbon ferrochrome annually.

[Ferro-Alloys.com]The sixth branch company of Sancai Group produces most ferroalloys in Inner Mongolia.

some EMM enterprises adjusted their products’ price or production or others to adapt the market. For example, Hubei Changyang Hongxin Industrial Group Co., Ltd.

[Ferro-Alloys.com]It is reported that price of silicon manganese dropped to RMB5,100/mt in Chengkou Couty of Chongqing of Q1 2015, and the total downtrend margin even reached RMB7,00/mt which far less than production cost about RMB8,00/mt.

[Ferro-Alloys.com]China Ferroalloys Industry Association Membership Meeting was held in Beijing on April 14-15, 2015. In the chrome and silicon section, Mr. Liu, chairman of Ferro-Alloys.com, shared his opinions about the chrome market to all the attendees.