Monthly Comments and Expectation on Ni Products Market on July 2015

[Ferro-Alloys.com] This week into the end of July, and the silicon metal market continues to low depression, and bring enterprises want to cut production tendency, currently the main producing areas in Yunnan and Sichuan prices, this week the price has dropped...

[Ferro-Alloys.com]Baosteel and Tsingshan Group lowered their tender prices of high-carbon ferrochrome for August by RMB50/MT Cr 50% basis and RMB100/MT Cr 50% basis respectively in the last week of July, and Tsingshan Group reduced its purchasing amount to 40,...

[Ferro-Alloys.com]Spot and futures prices of chrome ores remained stable last week. Meanwhile, South African origin chrome ore concentrates were still in short as South Africa’s largest chrome ore miner can not accept new orders until September.

This week, LME nickel price wobbled around the line of USD11 000. As a whole it seems held steady temperately.

This week, in the domestic market, high-grade FeNi price slipped a little while low-grade held steady. Low-grade type was mainly quoted at RMB160-180 per wet ton. Mid-grade type slightly abandoned RMB10 to around RMB300-320 per wet ton and high-grade lost RMB5...

[Ferro-alloys.com]:China’s CaSi market was in weak supply and strong demand without any stock this week, and CaSi price expected to rise in the mainstream area.

This week, FeNi price slipped a little showing a disappointing performance. Low-grade one dropped RMB30 per ton quoted at around RMB1800-1820 per ton. And Mid-grade shed RMB10 per Ni traded at about RMB840-860 per Ni while high-grade type added RMB10 per Ni to...