[Ferro-Alloys.com] Chinese FeV price kept steady amid sluggish demand of steel mills. Reportedly, some mills pressed tender price of FeV owing to overhauling equipment and decreasing output. Steel mills indicated limited tender volumes, biding at RMB79,000/mt ...

Chinese FeMo price kept steady, and deals were strong. In late month, steel mills launched intensive tenders, biding at RMB92,000/mt (USD15,081/mt, export duty excluded) by acceptance. Mills pressed buying price of FeMo, but suppliers rejected to sell material...

Last week Shasteel, HBIS, TISCO and NISCO released their purchase prices or enquiry prices, all down RMB200-250/mt (USD32-40/mt) to delivered tax-inclusive price RMB5,900/mt(USD949/mt, export duty not included) by acceptance from March of 2014. Increased volum...

Because of the weak stainless steel market, this week the import ferrochrome went weaker in not only spot but the future market.

Because of the weak stainless steel market, this week the import ferrochrome went weaker in not only spot but the future market.

Under the circumstance of poor purchasing and meager profit, ferrochrome and chrome ores traders were cautious for the preparation of the raw materials and most of them deal with among their old customers.

Chinese EMM Market Went Downward (Mar.24th –Mar.28th)

Affected by the environmental inspection, the medium and low ferronickel production decreased