While spot ferrochrome inquiry volumes ranged greatly in the middle of Jan, there was plenty of movement across the EU and US. With prices on the upswing in both regions, buyers were looking
After Indonesia had released the export ban fronickel ore, the ferronickel and nickel ores market was encouraged. Some traders had already tried to improve the price by RMB10/wmt
This week the LME nickel price started to rebound encouraged by the Indonesian policy. On Jan. 16th, the LME Nickel close at USD$14695/mt, USD1345/mt higher than last week while the stock decreased
This week the chrome ores market kept stable while the trading volume was not much. The spot price was listed as below: 42% South African concentrates at Lianyun port was RMB26.5-27/mtu, 44% South African
This week the high carbon ferrochrome price had no changes and more enterprises in Hunan, Sichuan and Guizhou areas would stop production during the spring festival. In addition, most of the producers had no