[Ferro-Alloys.com] Gongyi renhe Metallurgy Materials Co.ltd suited in Gongyi city, Henan province was a manufacturer of Fe powder. The Fe powder was sold to cored wire factories, but the profit room was limited.

[Ferro-Alloys.com] In 2015, Chinese silicon manganese also performed in new normal. Firstly, great number in silicon manganese companies with vast distribution

[Ferro-Alloys.com]Chinese metal Ca market was depressed, leading to continuous drop of price. Suppliers received slim orders from cored wire buyers.

[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

]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...