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The Price of Chinese High Carbon FeMn Rose Slightly (Jan 18th – Jan 22nd)

[www.ferro-alloys.com] The current quotation of high carbon ferromanganese 65C7.0 (Phosphorus Content<0.4)was RMB3200-3250/mt in Guangxi, the current quotation of medium carbon ferromanganese 78C1.5 (Phosphorus Content<0.35)was RMB5700-5750/mt in Hebei, an...

Monday, January 25, 2016

Nickel Ore Price slipped without Strong Demand (Jan 18th-Jan 22nd)

In domestic market, low-grade nickel ore 0.9-1.1 was traded at 120 yuan/t, up 20 yuan/t compared to last week; middle-grade nickel ore 1.5 was quoted at 200 yuan/t; high-grade nickel ore 1.8 was quoted at 310 yuan/t, up 20 yuan/t. In the international market, ...

Monday, January 25, 2016

Steel Makers’ Inquiries Improved and Ferronickel Price Went up Slightly (Jan 18th-Jan 22nd)

Last week ferronickel price advanced as a whole. Low-grade ferronickel 1.6-1.8 was quoted at 1650-1670 yuan/t, up 20 yuan/t compared to last week; middle-grade ferronickel 4-6 was quoted at 710-720 yuan/nickel, up 10 yuan/nickel; middle-grade ferronickel 6-8 w...

Monday, January 25, 2016

Chinese Shagang Group to raise rebar, wire rod prices

Chinese steelmaker Shagang Group announced to raise its rebar prices by RMB50/ton for deliveries in late January. After the adjustment, its ex-work prices for HRB400 rebar with diameters of 16mm-25mm will be at RM1,950/ton. In addition, ex-work prices ...

Monday, January 25, 2016

US’s coal exports decline in Jan-Nov last year

According to the United States Trade statistics, in January-November of last year, United States exported 62.676 million tons of coal, down by 23.5% year on year or 19.2 million tons. The exports average prices are at US$85.31/ton, down by 11.2% year on year. ...

Monday, January 25, 2016

Taiwan’s wire rod exports rise, due to improving construction projects in America

United States Department of Commerce released a statics showing that new construction project for household in December of 2015 has been increased up to one million, hit a new high after financial crisis of 2007–08. It is reported that new order for low-c...

Monday, January 25, 2016

The Quotation of SiMn 6517 Continued to Rise in China (Jan 18th - Jan 22nd)

[www.ferro-alloys.com] As the result of tight supply, the quotation had shown a trend of fast rebound during the past week. The mainstream quotation of silicon manganese 6517 was RMB4400-4500/mt in Ningxia, the mainstream quotation of silicon manganese 6517 wa...

Monday, January 25, 2016

Asia's Largest Manganese Ore Discovered in S.W. China

A reserve of more than 192 million tonnes of manganese ore, believed to be the largest in Asia, has been discovered in southwest China's Guizhou Province, it was announced Friday.

Monday, January 25, 2016
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