Ferro-Alloys.com] In term of manganese ore downtrend market, ample supply but slowing growth of steel in China aggravated manganese alloys competition. In fact, cut-throat competition allowed alloys producers to focus on several factors to gain profit.
[Ferro-alloys.com] Most steel mills are losing money and they have trimmed or are trimming production. This directly caused ferrosilicon enterprises to change their production plan. Steel mills mostly voluntarily trim or halt production and it led to the decre...
[Ferro-alloys.com] The transaction of ferrosilicon export was unpromising after National Day and the whole market continued being in poor performance. More and more traders reclined to offer their export price. The traditional Golden September and Silver Octob...
Recently, ferroalloy industry has been faced with hard times for a long time, especially for EMM products. In China, the market price of Electrolytic Manganese Flake 99.7% is about RMB9,300-9,400/mt, while merchants just made a deal with lower price. Many peop...
[Ferro-Alloys.com] According to the statistics of www.ferro-alloys.com, more than 90% of Yunnan silicon manganese enterprises have halted production by now. There are still few enterprises in operation, but nearly all of them are facing with profit losses.
H...
[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB41,000-42,000/mt. Affected by lowering alloy, vanadium pent oxide market suffered from downward pressure.
[Ferro-Alloys.com]Chinese FeV50 was offered at RMB48,000-49,000/mt by acceptance. Downstream steel mills cut the tender price, and transaction of RMB48,000/mt was confirmed.