HBIS Raised FeSi72# Purchase Price for June Delivery

[Ferro-Alloys.com] in June, the Chinese calcium carbide market became quiet with ex-work price at RMB2700-2750/mt, nearly the same as the price in May.

In recent two weeks, the Turkey chrome ores price kept firm. On-going strikes in South African platinum sector largely reduced the UG2 production.

Since mid of May, the LME nickel price kept the weak trend. The FeNi price declined slightly at the end of May for the weaker demand. As more FeNi enterprises closed down, making the purchasing of nickel ores deserted.

In late May, BaSi market had the trend to turn well and many plants planed to rework in China. However,

In early June, silicon metal prices went up in Europe and America. With the tight supply and active demand

[Ferro-Alloys.com]European moly oxide price surged to USD-/lbMo, driven by strong demand. Downstream steel industry showed healthy signs, which elevated moly materials demand. By contrast, European moly supply was quite tight, as many participants, including c...

[Ferro-Alloys.com] The two biggest silicon manganese purchasers in China, Hebei Iron and Steel Group coupled with Shagang Group put bidding price up by RMB50/mt, the movement of steels set a positive signial on silicon manganese market in June.