[Ferro-Alloys.com]In recent period, ex-work price of silicon manganese in Ningxia and Gansu areas of China quoted at RMB5,300/mt, RMB5,300-5,400/mt in some producers of InnerMongolia and Shanxi, and around RMB5,650-5,700/mt in south areas.

Operation Rate much Differed among Leading FeSi Producers in main Production Regions of China

In recent days, the low FeNi supply increased along with the production recover of some enterprises. However, as the demand from steel mills was weak, the low FeNi price declined by RMB50/mt to RMB2420-2450/mt.

[Ferro-Alloys.com]LME nickel price hit a six-year low on April 1, 2015, and then rebounded during the week. The price continued to fall in the following week.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB54,000-55,000/mt. V alloys had difficulty of buying low-priced raw materials, by contrast, vanadium pent oxide suppliers firmed quotation, first supplying old customers.

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB64,000-65,000/mt by acceptance. Steel mills pressed the tender price, leading to continuous softness of V alloy despite of firm upstream raw materials cost.

US Imports of Ferrosilicon Surged from Russia and Venezuela in February 2015

In quarter 1 of 2015, high ferronickel price continued to decline. At the end of Mar., the high FeNi was quoted at RMB980-990/Ni, with decreasing rate of RMB100/Ni. Under weak market condition, high fund pressure and strict environmental condition, the discont...