Prediction
South African Chrome Ores Price was Firm for Multiple Factors (May19th-May 23rd)
This week the South African chrome ores future price rose by USD5-10/mt while the spot price increased by RMB0.5-1/mtu. |
FeCr was likely to Decline in June-China (May19th-May 23rd)
At the end of May, the ferrochrome price kept stable, waiting for the new round of purchasing from steel mills. Now the mainstream price of high carbon ferrochrome was RMB6,500/mt. |
Nickel Ores Continued to Go up for Strong Demand (May19th-May 23rd)
By now the Indonesian policy was still firm. Even though the election in July was one factor for the change, the President of the Chamber of Commerce in Indonesia said the export ban was likely to be abolished. |
High FeNi Tender Price Increased while Purchasing Volume down in June-China (May19th-May 23rd)
Steel mills had released the purchasing price, which mainly fluctuated between RMB1, 440-1,450/Ni (delivery price with tax). |
Chinese FeV Price Kept Steady, as Steel Mills Buying Forces Shrank
[Ferro-Alloys.com]Chinese FeV market kept steady, but deals were relatively small. Only there were occasional tenders visible, with bids stabilizing at -/mt by acceptance. Steel mills had much difficulty of drawing up raw materials market due to their flat pe... |
Calcium Metal Price Surged in China
Many calcium metal manufacturers in China stopped production since 2014. Spot shortage became obvious since March and market price climbed gradually. |
Low Carbon FeMn Market in China kept Poor Performance amid Weak Demand
[Ferro-Alloys.com] It seems that low caron ferromanganese market in China failed to show any signs of picking up, pushing some of producers declined to offer wholesale price. |
Chinese FeMo Price Rose, Prompted by Steel Industry Revival
[Ferro-Alloys.com]Chinese FeMo price continued to rise, as steel mills raised their tender prices. Steel output uptick offered strong support for upstream moly materials market in May. In addition that, increasing moly concentrates cost also elevated FeMo quot... |
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