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Chinese metal miner steps up overseas buying

[Ferro-Alloys.com] China Molybdenum Co. has announced a bid to buy two metal mines as it accelerates overseas acquisitions to increase its share in global metal mineral reserves. The company plans to raise up to 18 billion yuan (2.77 billion U.S. dollars) thr...

Monday, May 23, 2016

China Molybdenum to Raise Up to CNY18 Billion Via Share Placement in China

[Ferro-Alloys.com] The board of China Molybdenum Co. (3993.HK) has approved a plan to raise as much as 18 billion yuan ($2.8 billion) via a share placement in China to fund acquisitions. The Chinese mining-and-processing company, which earlier this month ag...

Monday, May 23, 2016

Taiwan April Special-steel Imports Decline

[www.ferro-alloys.com] Taiwan April special steel imports totaled 139,022 tons, down by 19% month on month; those for April special steel exports totaled 117,814 tons, a slight decline of 3% from the previous month. According to Import and export figures fr...

Monday, May 23, 2016

High Market Price and Stable Trading Volume

[Ferro-Alloys.com] Market price remains at high level, which is closely connected with the warming trend of downstream market. It is reported that real estate market shows a warming trend, the statistics of house price of 70 major and middle cities released b...

Monday, May 23, 2016

The Quotation of Chinese Silicon Manganese Products Continued to Fall (May 16th—May 20th)

[www.ferro-alloys.com] The price of Chinese silicon manganese products continued to fall during the past week. The quotation of silicon manganese 6517 was RMB4900-5000/mt in Ningxia, the quotation was RMB4800-5000/mt in Inner Mongolia, the quotation was RMB490...

Monday, May 23, 2016

Low Grade Silicon Metal 553-441 Price Decline Again (May. 16th – May. 20th)

[Ferro-Alloys.com] Silicon metal price volatile entering May decline in the near future are not reduced, with declines from low grade 553-441 - grade products of Metallurgy of high grade product prices were also affected, Sichuan and Yunnan enthusiasm is not h...

Monday, May 23, 2016

EMM Output Reduced Slightly While the Price Still Keeps Stable (May 16th- May 20th)

In May, there are 8 enterprises produce EMM normally, the daily output is about 579mt. at the same time, two companies stop work. Now, the electricity price in this area cut from RMB0.58/KWH to RMB0.497/KWH, and the main price of EMM is about RMB9,800-10,000/m...

Monday, May 23, 2016

HC FeMn Price Remained Stable as the Result of Decreased Supply (May 16th—May 20th)

[www.ferro-alloys.com] The price of Chinese ferromanganese products remained stable during the past week. High carbon ferromanganese 65C7.0 was quoted at RMB4700-4800/mt in Guangxi province, medium carbon ferromanganese 78C1.5 was quoted at RMB6700-6800/mt in ...

Monday, May 23, 2016
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