Weekly Reports
Poor Performance for Mn Alloy Market in China Failed to Improve (May 04th – May 08th )
[Ferro-Alloys.com] In recent period, silicon manganese 6517 was quoted at RMB5,300-5,500/mt in North while RMB5,600-5,700/mt. High |
Chinese Imported Mn Ore Showed Calm (May 04th – May 08th )
[Ferro-Alloys.com]By the early period of May, there were no signs of further fluactuation in the price of imported manganes ore in China. Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24. |
After May 1st silicon metal supplication more demand and the price insist declining
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 |
LME Nickel Price Appeared Optimistic Signal while FeNi Market unchanged-China (Apr.27th-Apr.30th)
]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 |
EMM Production and Trade Abnormal When the Market Price Declined(Apr 27th- Apr 30th)
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. |
Negative Attitude Aggravates The Cut-throat Competition of Mn Alloy Market (April 27th- April 30th )
[Ferro-Alloys.com] By the end of April, the result of Hebei and Steel Group bidding on manganese for May further impacted on alloy future market. |
Worse Performance of Mn Alloy Still Weigh on Imported Mn Ore Spot in China(April 27th- April 30th )
[Ferro-Alloys.com] By the end of the month, Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.5/mtu in China. |
Increasing Pressure for New Tender Prices of High-Carbon Ferrochrome amid Sufficient Supply(27th April -30th April)
[Ferro-Alloys.com]China’s domestic high-carbon ferrochrome output was still in an uptrend, adding that the monthly import volume of high-carbon ferrochrome exceeded 0.2 million tonnes in the previous four months, which made a sufficient supply in domestic mar... |
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