[Ferro-Alloys.com]Minmetals released black W concentrates indication floor price for December at RMB88,000/mt (USD14,426/mt, export duty excluded), down RMB10,000/mt (USD1,639/mt, export duty excluded) from November.

since mid-2014, the low grade nickel ores spot price continued to decline. In Nov., the average monthly price of low grade Ni ore (Ni0.9-1.1%) declined to RMB230/wet mt, down by RMB150 compared with that of the highest point in Jun..

Entering Dec., the low ferronickel price started to recover due to the tight supply. More discontinuous enterprises planned to recover the production. Now the low FeNi ex-works price was RMV2550-2600/mt, rising by RMB100 than early Dec.. However, in view of th...

[Ferro-Alloys.com] Affected by new round purchase from steel mills, quotation of high carbon ferromanganese 65 was lowered to RMB5,300-5,400/mt from RMB5,400-5,500/mt.

[Ferro-Alloys.com] Affected by new round purchase from steel mills, quotation of high carbon ferromanganese 65 was lowered to RMB5,300-5,400/mt from RMB5,400-5,500/mt.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB63,000-64,000／mt (USD10,327-10,491/mt, export duty excluded).

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB74,000-75,000/mt (USD12,131-12,295/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]LME nickel price reached a high at 17140 on Dec 5, but the price dipped after hitting a new high at 17200 in the following day, which made the price fail in its try of breaking 17000 level.