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Goldman Sachs Sees Nickel Price Rally Continuing into 2015
US investment bank Goldman Sachs said the refined nickel market has shifted from a major surplus in 2013 to a much smaller surplus in 2014, according to a research note Thursday, adding that prices are likely to continue to rally into 2015. |
South African & Indian FeCr Exporters were Reluctant to Reduce the Price-China
It was assessed that Ferro Chrome producers were unwilling to correct offers on the background of high production costs from winter power tariffs in South Africa and tight supply as well as high prices of Chrome ore in India. Sellers also had limited spot mate... |
IMOA:Molybdenum Production and Consumption Drop Slightly
Global use of molybdenum in the first quarter of 2014 decreased to 136.1 million lb, down 2% from 138.2 million lb in the previous quarter but 7% higher than the same quarter in 2013, according to figures released by the International Molybdenum Association (I... |
Tight Supply was Likely to Force Steel Mills to Slightly Raise FeSi Purchase Prices
As August was soon past, many major steel mills gradually released bids for ferrosilicon for September delivery. In terms of purchase volumes, some kept flat volumes and others were seen with slight decreases. |
Western Areas Wants Future Customers to Help Develop New Projects
Nickel miner Western Areas has told bidders for its product that it would prefer a customer who can help it develop new mines, as the race for a looming supply contract heats up. |
Nickel Investors Beware, the Pig Iron Shortage Could Be a Myth
The nickel market enjoyed a bull run in the first quarter of this year following the Indonesian government’s hefty export tax on nickel ore exports resulting in a defacto ban. Overnight almost a third of global supply disappeared from the market and although ... |
Chinese Calcium Carbide Market kept Weak in End August
In End August, Chinese calcium carbide market kept stable with capability utilization rate at about 70%, which slightly rose up compared with that in July. The raw materials market ran stable and didn’t sustain the production cost. Meanwhile, the demand from ... |
Overseas APT Price Kept Steady, with Fix Transaction Volumes
[Ferro-Alloys.com]Overseas APT price stabilized at USD360-370/mtu, and transaction volumes were steady. |
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