[Ferro-Alloys.com]Chinese W concentrates stabilized at RMB-/mt by acceptance

[Ferro-Alloys.com]Chinese FeW was offered at RMB-/mt by acceptance.

Shares in Sirius Resources have shot up by more than 10 per cent after it announced it has found more nickel in Western Australia.

LME nickel inventory made a record of 306,828 tons at the time of trade closing on July 8 (= at the time of trade opening on July 9), and updated an all-time high record.

Australian miner Sirius Resources NL is in late-stage negotiations with a trio of major nickel smelters to supply up to 26,000 tonnes of nickel concentrate annually, its managing director said.

[Ferro-Alloys.com] Poor demand on non-standard silicon manganese failed to improve as steel mills and foundries in equipment inspection in summer.

More Si Furnaces into Operation in China

The July 2014 bids for ferrosilicon had closed and most steel mills didn’t reduce purchase volume as predicted. What’s more, most steel mills raised purchase prices of ferrosilicon for July 2014 delivery in China, with China’s northern and northeastern ste...