Prediction
LME Nickel Suffered Downtrend Pressure(April 5-April 8)
[Ferro-Alloys.com]LME nickel price broke through MA89 downwards the week earlier and a breakout was not seen in the week. The price was currently repressed by the MA89, moving around 8,400 level. |
Futures and Spot Pirces of Nickel Ores Remained Stable(April 5-April 8)
[Ferro-Alloys.com]The futures and spot prices of nickel ore remained stable in the week. Philippines origin nickel ore (Ni0.9-1.1%, Fe49%) was quoted at RMB140/WMT and US$16-18/WMT, nickel ore(Ni1.6%, Fe25-30%) at RMB250/WMT and US$30-31/WMT; |
The Operation Rate of Silicon Plant in Yunnan And Sichuan Less Than 10% During March
[Ferro-Alloys.com]The price of silicon metal in China has begun taking an upward turn since Chinese New Year finished, and still continued rising. The price of 5.5.3 low-grade product is up by CNY900 - CNY1,000 per ton from the end of February and the price of... |
Apr Procurement Price of FeMn Increased by RMB700/mt by An-steel
[www.ferro-alloys.com] Liaoning Anshan Steel Company Knocked down its April bidding price of high carbon ferromanganese 65#, which was RMB5000/mt, up by RMB700/mt month on month. The procurement volume was 2580 tons. |
Apr Procurement Price of FeMn Was RMB5000/mt by Yongfeng Steel
[www.ferro-alloys.com] Yongfeng Steel Company Knocked down its April bidding price of high carbon ferromanganese 65#, which was RMB5000/mt, im-work including tax by acceptance. The procurement volume was 800 tons. |
Overseas Market Saturation Leads to Blocked Export
[www.ferro-alloys.com] Currently the cored wires export has been blocked in different degree due to the overseas market saturation. |
The Spot Price of Imported Mn Ore Fell Slightly
[www.ferro-alloys.com] According to the statistics of ferro-alloys.com, the spot price of imported manganese ore showed a slight drop than last week. Australian lump Mn46 was quoted at RMB36-37/mtu, South African half carbonic acid Mn37 was quoted at RMB34-35/... |
Why LC FeCr Prices Surged
[Ferro-Alloys.com]Low- and micro-carbon ferrochrome prices have been in the uptrend channel since mid-February, reaching record high of the year in late March. The current prices remain stable at RMB11,000/T Cr 50% basis from RMB9,700/T Cr basis in mid-Februar... |
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