[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB55,000-56,000/mt (USD9,016-9,180/mt, export duty excluded) by acceptance. As V alloy suppliers pressed buying price, vanadium pent oxide price suffered slight drop. Suppliers had little intention ...

[Ferro-Alloys.com] It is said that price of high carbon ferromanganese in China already experienced a slight downturn last week after submitting to lowering bidding price from steel mills

[Ferro-Alloys.com]The holiday lasted for seven days in China during Chinese Spring Festival put the chrome market in silence as most ferrochrome producers and traders and chrome traders ceased their business activity in order to get ready for Chinese Lunar New...

[Ferro-Alloys.com]Chinese FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. In mid-month, steel capacity surplus and price drop led to less demand for moly materials.

[Ferro-Alloys.com]Overseas moly oxide transaction price was USD8-8.1/lbMo, but deals were slim. The low operation rate of steel industry degraded the demand for moly materials, so buyers were watchful.

[Ferro-Alloys.com]Chinese silicon manganese 6014 market saw RMB50/mt downturn further as flat demand. Given increasing operation rates in south of China after week-long holiday

[Ferro-Alloys.com] After HBIS knocked down March purchase on manganese alloys, the biggest silicon manganese purchaser in south of China, Shagang Group also settled 6517 with RMB6,000/mt from RMB6,040/mt.

[Ferro-Alloys.com]It seems that downtrend of future shipment from oversea miners coupled with flat manganese alloyin China further push down imported manganese ore spot market in China. The spot market showed a RMB1-2/mtu fluctuation from early period.