In late July, most of the steel mills had pulled up the high FeNi price by RMB10-20/Ni while the suppliers showed different attitude for the situation. Some chose to sell to recover the fund while still some prefer to cooperate with the traders

This week the medium and high grade nickel ores spot prices declined by RMB10/wmt as Nickel ore with Ni 1.6% at RMB620-640/wet mt, Ni1.7% at RMB680-710/wet mt,

At the end of July, the high carbon FeCr production was stable. Due to the poor market condition, the recovered capacity was not obvious, while the total supply was adequate. The suppliers said the purchasing was not optimistic now for the weak demand.

Chinese calcium silicon market kept stable in the third ten-day of July with no improvement for transactions and demand.

With Shaogang Group being the first steel mill to launch bids for August ferrosilicon in China, this week much focused Shagang Group and HBIS both released August purchase plans for ferroalloys including ferrosilicon. Shagang Group would purchase a total of 5,...

In the third ten-day of July, Chinese silicon metal market differed with 553# price dropping while chemical grade silicon slightly rising. The capability utilization of the factories was unchanged and spot materials were still difficult to inqury. Orders were ...

Mg Ingot Prices Stabilized on Steady Supply in China

This week the high FeNi price decreased by RMB10/mt as ferronickel (Ni 10-15%) was at RMB1, 280-1,300/Ni. In mid of July, the high FeNi price advantage increased slightly compared with nickel metal