[Ferro-Alloys.com] Since high production cost led most silicon manganese suppliers to suffer loss, coupled with flat demand, it seems that more suppliers have less interest on operation in recent period.

[Ferro-Alloys.com] This week, it seems that titanium market keep calm in China with no big change for quotation. FeTi30 price was kept at RMB was RMB11,400-11,500/mt(USD1,868.9-11,885.2/mt) 25%. And RMB12,000-12,100/mt

[Ferro-Alloys.com] According to the latest Customs statistic, China exported 106,673 tons of ferroalloys in Mar 2014, violently up by 97.5% M-O-M and down by 14% Y-O-Y. Meanwhile, China imported 227,630 tons in Mar., down by 12.2% M-O-M and up by 24.8% Y-O-Y. ...

[Ferro-Alloys.com]Chinese FeMo price stabilized, but the tenders of mills were limited. FeMo deals were concentrated on scattered buying activities, transacting at RMB--/mt, export duty excluded) by acceptance. Traders held cautious attitude towards the market...

Recently, spoken with many manufacturers, many silicon metal plants plan to restart furnaces in wet season. Meanwhile, the suppliers are not optimistic to future market. The increasing spot Si volumes in wet season may pull down the prices.

All in all, whether or not the new bidding price for steelmakers on ferromanganese purchasing can hold steady is still depend on relationship between market demand and supply.

EMM market in China was stable and procurement was all right recently.

[Ferro-Alloys.com] It is reported that nickel price on the LME has climbed to a 14 month high point, which is mainly due to the tighter supplies. LME nickel prices settled at US$18,460 on April 24th.