On May 12, Sumitomo Metal Mining Co., Ltd. announced its consolidated settlement of accounts in the fiscal year 2014 (from 1 April 2014 to 31 March 2015).

[Ferro-Alloys.com]In recent period, spot price of medium and high grade nickel ores showed a slight rise by RMB20/wet mt, up USD4//wet mt for future price.

[Ferro-Alloys.com]Thise week price of LME Ni showed a slight downturn after two weeks on the rise. The price closed at USD13,830/mt on May 14th,

[Ferro-Alloys.com]This week, Chinese ferrotitanium market continued steady with prices at RMB8700-8800/mt (Ti 25% basis) for FeTi30#,

Ferro-Alloys.com]In recent period, a persistent shortfall in demand would still weigh on manganese alloy market in China.

[Ferro-Alloys.com]In recent period, a modest pick-up for imported manganese ore transaction brought about posive affect on ore spot market thanks to resuming production in south areas of China. A

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt. Previously, vanadium pent oxide price was low, so suppliers had little intention of sell at low level without stock pressure.

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB64,000-65,000/mt by acceptance. In mid-month, steel mills decreased buying volumes, and deals were concentrated on scattered activities.