Global insight

Prices for SiMn in Japan Declined amid Sluggish Demand

Demand for manganese and silicon alloys has been sluggish in the Japan's market in late August. Indian SiMn (65% Mn; 16% Si) has gone down in price to $1,050-1,080/t CIF Japan (down $25/t),

Tuesday, September 2, 2014

USA Mn Alloy Market Kept Flat

In recent period, prices for manganese and silicon alloys have been largely unchanged in the USA. SiMn (65% Mn; 17% Si) is sold in small batches at $0.58-0.60/lb ($1,280-1,325/t) DDP

Tuesday, September 2, 2014

China: FeV and FeMo Exports Increase

China raised exports of noble alloys in July. Shipments of ferrovanadium rose by 21% to 628 t. Sales to Europe totalled 260 t (up more than 2 times), those to Japan ? 130 t (up 30%), and to South Korea ? 96 t (large unchanged).

Monday, September 1, 2014

India: Noble Alloy Prices

This week, molybdenum oxide (60% Mo) has been available in India at about $13.35/lb Mo CIF. Ferrovanadium (80% V) is priced at some $26.75/kg V CIF. The material is at the stocks in Rotterdam.

Monday, September 1, 2014

China: Higher FeMo Inputs to Cause Prices up

Quotations have risen in the Chinese FeMo market, because of the growth of Mo oxide, the main raw material for the alloy production.

Monday, September 1, 2014

USA: Trading to Speed up in Noble Alloy Market

Quotations of ferromolybdenum (60-70% Mo) have risen as deals are mostly closed for small batches. The market is generally quiet, inquiries being rare. The material is sold at $15.75-16.2/lbMo DDP (up 1.4% w-o-w) or $17/lb Mo DDP for prompt delivery. Molybdenu...

Monday, September 1, 2014

Europe: Trading Slow in Noble Alloy Market

This week, demand has firmed in the European market for 70% Ti ferrotitanium market. Clients have requested a total of 500t, which is why trading is expected to speed up in early September. The alloy is now offered at $6.15-6.3/kg Ti FCA Rotterdam duty paid (...

Monday, September 1, 2014

South Korea FeMn Alloy Market Price Kept Unchanged

Buyers have been slow to close contracts in the South Korean export market for manganese alloys in late August. High-carbon ferromanganese (75% Mn) is stillavailable at $1,000-1,050/t F0B and the material (73% Mn) - at $1,000/t F0B.

Monday, September 1, 2014
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