[Ferro-Alloys.com] It is reported that the largest silicon manganese purchaser in China, Hebei Iron and Steel Group already unveiled November initial enquiries prices on manganese alloys.

Mg Ingot Prices Continued Falling on Excessive Inventory, Declining Price of FeSi75# and Thin Demand in China

Slicon metal price kept steady in the last week in China. Although silicon metal price in some areas shaked slightly, it didn’t affected silicon metal’s trend.

It was acknowledged that in 2012, 42% Iran Chrome ores spot market was poor, the monthly average price of which basically maintained at RMB43.5-45.5/mtu.

From 2012 to half 1 of 2013, the Pakistan chrome ores spot price fluctuated largely. In the first half of 2012, the monthly average price of 42% Pakistan Cr ore spot was RMB44.5-47.5

6014 grade is Beijing offered at around INR 57,500/MT ex-Raipur, INR58,000/MT ex-Durgapur and INR 59,500/MT ex-Hyderabad. According to sources, Prakash Industries is offering at INR55,500/MT (ex-Champa, Chhattisgarh).

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB67,000-68,000/mt (USD10,983-11,147/mt, export duty excluded) . Downstream buyers were cautious to input raw materials, leading to greater difficulty in high-priced transaction.

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB78,000-79,000/mt (USD12,786-12,950/mt, export duty excluded) by acceptance. In late month, downstream steel mills launched intensive tenders, increasing the entire demand. However, the steel overcapacity and fi...