[ferro-alloys.cn] The price of silicon metal is still falling in China，and it is hard to rebound.

[Ferro-Alloys.com]In summer, overseas moly suppliers quitted the market for holidays. Low operation rate of steel mills degraded the demand for raw materials, so the entire transaction of moly was limited.

[Ferro-Alloys.com]In mid-July, Chinese FeMo price dropped to RMB65,000/mt by acceptance. Steel mills cut the tender volume in the slack season, the transaction price drifted lower.

According to the latest market survey, we knew that, recently, the market price of EMM in China continued to decline for a long time. It’s about CNY10,400 per mt, and the export price has been USD1,700 per mt.

[Ferro-alloys]:There is not much up and down range about silicon metal market in recent days, almost many industries just dealt with their frequent customers, but they are not optimistic to the current silicon metal market, because the silicon metal market is ...

[Ferro-Alloys.com]On 6th July, LME opening price was USD12, 190 and its closing price was USD11645, down 2.96%.

[Ferro-Alloys.com]Due to the weak demand of lumpy chrome ores, the futures prices of lumpy chrome ores continued to fall in June. And the prices are seemingly hardly to rebound under the current conditions.

[Ferro-Alloys.com]Baosteel released its tender price of high-carbon ferrochrome for July at the end of June, which is RMB50/50MT lower than that of the previous month, creating a new low in recent years. Other major stainless steel makers, including JISCO, Tsi...