[Ferro-Alloys.com]China’s major stainless steel producers, including Tsingshan Group, Baosteel, TISCO and JISCO, released their November’s tender prices for high-carbon ferrochrome in 27-31 October.

Mg Prices Still Declined on Falling FeSi Prices and Enough Supply in China

There were several large ferrosilicon furnaces ranging from 25,500KVA to 40,500KVA into operation in China’s Ningxia Hui Autonomous Region and local government enabled more ferrosilicon producers to enjoy preferential power prices in September.

Yulin media reported output of Fugu magnesium reached 212.7 thousand tons in the period of January to August 2014, up 17.7% from the same period of 2013.

In mid September, ferrosilicon producers had normal operation in China, with some furnaces newly into operation in China’s Ningxia Hui region. Most producers said they had few or none spot materials, except that a small number of larger enterprises had some s...

After the mid-autumn festival, magnesium ingot prices kept comparatively stable in China. Mainstream Shaanxi Mg99.90% price stayed at RMB14,450-14,500/mt(USD2,356-2,365/mt), non-pickling ex-work tax-inclusive price in cash, the same as last week.

Although quite a few large steel mills had slightly raised their purchase prices of ferrosilicon for September delivery, the ferrosilicon producers were cautious about their offers. The waste heat power generation projects were in hot construction among the fe...

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