Tsingshan May 2015 HC Ferrochrome Tender Price Announcement

Silicon metal market was unstable, and the price fell clearly in April. Now, because of the rain period in Yunnan and Sichuan main production district, so the silicon metal price is falling obviously

[Ferro-Alloys.com] As further downtrend of steelmakers bidding for May, it seems that silicon manganese spot market in China would be still hard to get out of dropping for the whole month.

So far, the price of EMM in European countries kept stable. According to the latest MB data, the price of #99.7% EMM from Rotterdam warehouse still was about USD1900-1950/mt.

[Ferro-Alloys.com]Since May, 1st, 2015, Chinese government will change resource tax of rare earth, W and Mo from ad specific to valorem tax.

cored wire

]This week LME nickel price rebounded a little, which closed at USD13455/mt on Apr.29th, rising by USDE740/mt than last week while nickel stock

In this week, the market price of EMM in Hunan, Chongqing and Guangxi areas was about CNY10,800-11,000 per mt, in Guizhou, about CNY10,500-10,700 per mt, and in Ningxia, it’s about CNY 11,100 per mt, which declined more than one hundred yuan per mt.