In recent week the medium and high grade nickel ores price basically kept stable while the trading was not well because of the declining FeNi market and the weak demand. Meanwhile, both the spot and futures of low grade Ni ores price went down.
At early of Sept.,the ferrochrome price totally declined, which pulled down the chrome ores spot price and the purchasing volume, and the details were listed as below: chrome ore from South Africa with Cr 40-42% at RMB29-31/mtu while Cr 36-38% lumps at RMB35-3...
Silicon metal price kept increasing in the first week of September in China. Off-grade Si553# price increased by RMB 200-300/mt. Other silicon metal price increased by about RMB 100/mt. Silicon metal export price also began to increase.
At early of Sept., in Inner Mongolia-one major producing area of high FeNi in China, the operating rate of high ferronickel was just about 36%. It was acknowledged that the production advantages of FeNi decreased along with the nickel ores supply problems as w...
Ferro Silicon prices gain marginally on the ground of stronger buying activity. Market sources assume prices to remain stable and perhaps strengthen in the coming month.