[Ferro-Alloys.com]Despite ongoing sluggish demand, it seems that downtrend of imported manganese ore spot becomes gradually narrow in recent period for cost bosltering.
In Jan. 2015, the high ferronickel price declined to RMB1070-1090/Ni from RMB1120-1140/Ni of Dec.2014. Because of the tight supply, the low FeNi price continued to go up. At the end of Jan., 2015, the low FeNi ex-works price reached RMB2650-2700/mt, rising by ...
[Ferro-Alloys.com]Chinese FeMo was offered at RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded) by acceptance. Steel mills were unwilling to purchase excessive raw materials due to fund shortage, so the entire deals were limited.
[Ferro-Alloys.com]It is reported that Shagang Steel Group unveiled Feb purchase plan on ferroalloys. Among of this, the group cut purchase on silicon manganese