[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.

[Ferro-Alloys.com]China’s chrome ore market returned normal last week after China’s Lunar New Year Holiday as high-carbon producers to start their purchases. China’s import volume of chrome ore totaled more than 0.77 million tonnes in Jan 2015, increased by...

[Ferro-Alloys.com]Most high-carbon ferrochrome producers finished their previous order last week and were ready for new order, and their sale activity returned normal with stock, which eased the short supply during China’s Spring Festival Holiday. Due to the ...

This week the high grade nickel ores price maintained weakly stable while the medium and low grade nickel ores price declined slightly. On Mar.6th, total nickel ores stock was 18.6million tons, decreasing by 450thousand tons compared with last week.