According to the latest statistics of China customs, the domestic electrolytic manganese export volume was 31,438.023 tons, increased 18.9% than 25,496.38 tons in June 2015, and increased by 16.19% than in July 2014.
According to the latest statistics of China customs, the domestic ferrosilicon export volume was 22,565.711 tons, decreased slightly than 23,035 tons in June 2015.
Above all, the silicon manganese industry consolidation is urgent. Furthermore, the cooperation and coordination among companies is essential to solve the difficult situation and acquire pricing power.
[Ferro-Alloys.com]China's largest stainless steel mills have already settled their tender prices for high-carbon ferrochrome for September, with a decline of RMB50-150/MT Cr 50% basis, indicating China's high-carbon ferrochrome prices have fallen to the lowest...
[Ferro-Alloys.com]Chinese FeMo transacted at RMB57,000-58,000/mt by acceptance. Steel industry was still depressed in September, resulting in that producers purchased needed volumes.
Owing to the support of continuously stable quotation by overseas mining giants, there was little fluctuation in the spot market of China’s imported Manganese Ore as a whole in August.
[Ferro-Alloys.com]Overseas moly oxide price rose to USD5.9-6/lbMo. European consumers restocked materials after the summer vacations ended, the market trended uptick.
[Ferro-Alloys.com]Chinese vanadium pent oxide transacted at RMB44,000-45,000/mt. As V alloy price consistently dropped, suppliers were prudent to restock materials, so the entire demand was underperformed.