[Ferro-Alloys.com]Overseas moly oxide price dropped to USD7.8-7.9/lbMo, as the spot demand was slim. Steel mills decreased the buying volumes of raw materials, leading to moly oxide downturn.

Entering mid-Apr., the medium and high grade nickel ores price further declined under weak purchases.

[Ferro-Alloys.com]In recent period, high carbon ferromanganese 65 maintained at RMB4,800-5,000/mt, and RMB5,000-5,200mt from traders. As for 75, it was quoted at RMB5,600-5,800/mt

After 5 weeks’ decline, the LME Nickel price slightly recovered. On Mar.16th, LME Ni closed at USD12795/mt, which increased by USD260/mt than last week while the stock improved by 1974tons

In mid-Apr., the silicon calcium market was still poor along with the falling price. In main producing areas of China, the Si-Ca 30# and 28# was quoted at RMB9200-9400

]This week the nickel ores price further decreased along with the weak purchases. Even though some FeNi enterprises planned to recover the production, the uncertain market condition pushed them to wait and see. In addition, the falling future price of Ni ore a...

[Ferro-Alloys.com]There was no dramatic fluctuation in the price of manganese alloy in China. Slowing sale coupled with falling price led to low operation rates for alloys, especially in south areas.

[Ferro-Alloys.com]In recent period, mounted sale pressure further pushed down Chinese Imported manganese ore spot market with RMB1/mtu downturn averagely.