Import market of ferrochrome was under much pressure from China as ferrochrome market weakened continuously in China. However, the Indian suppliers showed optimism for the future market

For the rising demand from steel mills, the low ferronickel price rose significantly

This week, spot and futures price of ferrochrome kept stable temporarily in China.

[Ferro-Alloys.com] Chinese FeV market kept steady, but deals were relatively small. Only there were occasional tenders visible, with bids stabilizing at -/mt by acceptance.

[Ferro-Alloys.com] Chinese FeMo price continued to rise, as steel mills raised their tender prices. Steel output uptick offered strong support for upstream moly materials market in May. In addition that, increasing moly concentrates cost was another upward dri...

New round of magnesium producers purchasing magnesium ingots was around the corner and ferrosilicon as one production materials had enjoyed price increase, but magnesium ingot producers generally had enough stocks, which indicated magnesium ingot price was lik...

Ferrosilicon producers had few or none spot materials in China in late May and steel mills’ June purchase volumes were expected to keep nearly the same as May. Large ferrosilicon producers had taken the lead in offering higher prices and June purchase price w...

This week, it seems that price of imported manganese ore fails to stop sliding. Mn46 lumps are now tumbling at RMB34-35.5/mtu and RMB34-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to around RMB29-30/mtu, Brazilian Mn 44-45 lumps are lowering t...