Prediction

Nickel Ore Price slipped without Strong Demand (Jan 18th-Jan 22nd)

In domestic market, low-grade nickel ore 0.9-1.1 was traded at 120 yuan/t, up 20 yuan/t compared to last week; middle-grade nickel ore 1.5 was quoted at 200 yuan/t; high-grade nickel ore 1.8 was quoted at 310 yuan/t, up 20 yuan/t. In the international market, ...

Monday, January 25, 2016

Steel Makers’ Inquiries Improved and Ferronickel Price Went up Slightly (Jan 18th-Jan 22nd)

Last week ferronickel price advanced as a whole. Low-grade ferronickel 1.6-1.8 was quoted at 1650-1670 yuan/t, up 20 yuan/t compared to last week; middle-grade ferronickel 4-6 was quoted at 710-720 yuan/nickel, up 10 yuan/nickel; middle-grade ferronickel 6-8 w...

Monday, January 25, 2016

The Quotation of SiMn 6517 Continued to Rise in China (Jan 18th - Jan 22nd)

[www.ferro-alloys.com] As the result of tight supply, the quotation had shown a trend of fast rebound during the past week. The mainstream quotation of silicon manganese 6517 was RMB4400-4500/mt in Ningxia, the mainstream quotation of silicon manganese 6517 wa...

Monday, January 25, 2016

Nickel Price Rebounded Slightly with High Stockpiles (Jan 18th-Jan 22nd)

Nickel price rebounded a little last week, but its stock tracked by LME still stayed at the high level which means that the nickel market still need time to recover.

Monday, January 25, 2016

Chinese SiMn Market is Gradually Monopolized by Some Large Enterprises

[www.ferro-alloys.com] The northern silicon manganese enterprises have the advantage of 25000-33000KW large furnaces, which is more efficient than small furnaces in Southern China. Along with the upgrading of Chinese silicon manganese industry, the top 12 comp...

Friday, January 22, 2016

Chinese Shougang Steel Knocked Down Its Jan Bidding Price of FeMn

[www.ferro-alloys.com] The January bidding price of high carbon ferromanganese 65# was RMB3350/mt by Chinese Shougang Steel, which is no change than last month, and the purchase volume was 1700 tons. The price of low-phosphorus low-silicon medium carbon ferrom...

Friday, January 22, 2016

Some Chinese SiMn Traders Suspended Purchasing Before Spring Festival

[www.ferro-alloys.com] The quotation of silicon manganese 6517 reached its highest point of RMB4500/mt in China on January 20th of 2016. In total, the mainstream price of Chinese silicon manganese 6517 has risen as high as RMB400-500/mt during the past one m...

Friday, January 22, 2016

Norilsk Nickel Sees Metals Prices Staying Low over Medium Term

Global metals prices are likely to remain low in the medium term as it could take years for producers to run out of financing for loss-making assets, the deputy CEO of Norilsk Nickel, the world’s No 1 nickel and palladium producer, told Reuters. Prices for ni...

Thursday, January 21, 2016
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