0n August 25,the first 20 t of the material were produced at shop No.4 of the new ferroalloy plant in Aktobe,owned by KZCR. The asset a yearly capacity of 440,000 tpy of HC FeCr and is equipped with four 72 MVA electric arc furnaces. 0nly one unit is functi...
On Sep. 1st, the ferronickel project’s power plant invested by Guangdong Guangxin Holdings Group and Tsingshan Group in Indoensia started constructing.
Demand for manganese and silicon alloys has been sluggish in the Japan's market in late August. Indian SiMn (65% Mn; 16% Si) has gone down in price to $1,050-1,080/t CIF Japan (down $25/t),
In recent period, prices for manganese and silicon alloys have been largely unchanged in the USA. SiMn (65% Mn; 17% Si) is sold in small batches at $0.58-0.60/lb ($1,280-1,325/t) DDP
China raised exports of noble alloys in July. Shipments of ferrovanadium rose by 21% to 628 t. Sales to Europe totalled 260 t (up more than 2 times), those to Japan ? 130 t (up 30%), and to South Korea ? 96 t (large unchanged).
This week, molybdenum oxide (60% Mo) has been available in India at about $13.35/lb Mo CIF. Ferrovanadium (80% V) is priced at some $26.75/kg V CIF. The material is at the stocks in Rotterdam.