[Ferro-Alloys.com] In recent period, silicon manganese market in China kept poor sale. Apart from that, capital pressure also brings about troble on alloy suppliers.
[Ferro-Alloys.com]Chinese FeV50 was offered at RMB79.000-80,000/mt (USD12,950-13,114/mt, export duty excluded) by acceptance. In mid-month, as downstream steel mills decreased buying volumes, the market was quiet. Still some steel mills made scattered tenders,...
[Ferro-Alloys.com]After the summer vacations ended, overseas moly oxide price slipped to USD12.5-12.6/lbMo. Many low-priced moly oxide materials hit European market, leading moly price to drop further. Some buyers expected that the demand for moly oxide to ris...
The spot prices of India-origin high carbon Ferro Chrome (58-60% Cr) is at 82-84 cents/lb CIF China and South Africa-origin charge chrome (48-52% Cr) at 81-82 cents/lb CIF China , both flat W-o-W as buyers and sellers continued their impasse.
At middle of Sept., Japanese spot price for Indian origin high-carbon Ferro Chrome is at 89-91 cents/lb CIF Japan, up from 87-89 cents/lb last week and rising for second consecutive week due to a decline in spot supply.
one of the enterprises’ production was still not recovered by middle of Sept., which had already last for several months. In addition, the enterprises enlarged the export proportion recently for the sound market in Europe. In Chinese market, the spot supply w...