The FeNi price was expected to go weaker for the weak demand from steel mills, while the decreasing rate might not be large, because now many FeNi producers had already cut down the production

Multiple sources indicated July bidding prices of HC FeCr tended to remain flat with last month. Some steel mills might increase purchase price due to reduced volume, but the purchase prices were unlikely to rise with large ranges due to adequate supply in Chi...

[Ferro-Alloys.com]It is said that silicon manganese output during May in China amounted to 871 thousand tons on the basis of 807.8 thousand tons for April, and basically in line with the same period of last year 888 thousand tons.

[Ferro-Alloys.com] Despite manganese alloy performance showed somewhat improvement recently, it seems that the sale price still failed to reach suppliers anticipantion. In addition to that, given thin profit, some alloy suppliers began to show more interest in...

[Ferro-Alloys.com] In recent period, Mn46 lumps are now tumbling at RMB33.5-35/mtu and RMB33.5-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to around RMB28.5-29.5/mtu, Brazilian Mn 44-45 lumps are lowering to RMB31-31.5/mtu while RMB31.5-32.5/m...

For low-grade Ni ores supply, in Q3, the Philippines would enter the export peak period, so under the large supply condition, the low-grade Ni ores price was easy to go down.

n July, more steel mills would start to overhaul. Therefore, the demand for raw materials would decline. Besides, according to some steel mills, most of them still held some high FeNi stock now,

Major steel mills and ferrochrome producers considered the present price of FeCr prices bottomed and it was likely to rise inQ3 in China.