Weekly Reports
Chinese FeV Price Drop Slightly with Weak Demand from Steel Mills (Aug 3rd—Aug 7th)
Chinese FeV price drop slightly with FeV50 quoted at RMB61, 000-62,000/mt by acceptance. Steel mills finished their tender with less volume and decreased price. Two steel mills in Jiangsu and Hubei were to purchase 190 tons of FeV50 at 55,700/mt by acceptance.... |
Chinese FeMo Price Kept Flat While Oversea Molybdenum Oxide Price Drop (Aug 3rd---Aug 7th)
Chinese FeMo price kept flat,FeMo60 quoted at RMB62,000 per ton and 64,000 by acceptance. At the beginning of August, mainstream steel mills finished their FeMo tender purchase at a new low price of RMB60, 000 per ton by acceptance. |
The Silicon Metal Market Maybe Turn to Rebound in September(Aug 3rd- Aug 7th)
[Ferro-Alloys.com] The early August, the silicon metal market remained seven months declining trend, while in August, let's have more vision. Do not worry, even in August not rebound, we still hope September have a high promotion. The current downturn weak mar... |
Enterprises Keep Going on the Price Intensively to face the Tight EMM Situation(Aug 3rd- Aug 7th)
In this week, the market price of EMM in Hunan, Chongqing, Guangxi and Guizhou was about RMB9,900-10,000/mt, keeping stable, while in Ningxia, it’s about RMB10,000/mt. For exports, EMM price has no obvious changes, about USD1,600-1,650/mt now. While the pric... |
Chinese Cored Wire Price Edged down, Limited Deals Occurring (Aug 3rd –Aug 7th )
[Ferro-Alloys.com] According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB10,000-10,200/mt (USD1,639-1,672/mt). |
Chinese FeSi Spot Market Failed to Keep in Good Shape (Aug 03rd – Aug 07th )
[Ferro-Alloys.com]In early August, slack season of steel mills gave rise to contracting demand on raw materials. Up to now, some steel mills already released August purchase on ferrosilicon with more or less RMB100/mt downtrend generally which basically in li... |
Chinese Mn Alloy Remained on Track to downtrend In August (Aug 03rd – Aug 07th )
[Ferro-Alloys.com] In recent period, ex-work price of silicon manganese 6517 tumbled at RMB4,850-5,150/mt in China and RMB4,300-4,500/mt for 6014. |
Chinese Imported Mn Ore Spot Tumbled Slightly (Aug 03rd – Aug 07th )
[Ferro-Alloys.com]In recent period, underperformed imported manganese ore spot blamed mainly on aggravating worsen demand in China. Australian Mn46 lumps kept at RMB25-25.5/mtu at ports in China. |
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