The market trend of import of ferroalloy as of 15 June 2015 is as follows.

[Ferro-Alloys.com]Increasing supply for South Africa and Australia manganese ore to China exerted tremendous pressure on non-mainstream ore in recent two years.

[Ferro-Alloys.com]It is said that South Africa UMK already unveiled July manganese ore shipment to China which was basically in line with prior month with USD2.7/mtu for Mn37.5%Fe5% CIF, China.

[Ferro-Alloys.com]China's domestic low- and micro-carbon ferrochrome prices keep low in June, and the prices are expected hardly to rise recently without good news.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In mid-month, the entire market was depressed, as downstream steel mills purchased small volumes.

[Ferro-Alloys.com]Overseas moly oxide transaction price dropped to USD7/lbMo, and deals were concentrated on buying volumes of long-term contract, instead of spot buying activities.

[Ferro-Alloys.com]In recent period, global manganese ore exports continued to expand steadily with 29.291247 million tons in 2014 from

[Ferro-Alloys.com]After Hebei Iron & Steel Co.ltd announced that FeSi 72# purchase price was RMB 5,250/mt, many other steel mills in North and Central China finished their purchase orders with the price of RMB5,250-5,300/mt in early June. In the meanwhile, alo...