Nickel’s spectacular fall since the middle of last year may have come to a halt, but without significant, enduring output cuts and stronger demand from China’s stainless steel mills the reprieve coule be brief.
[Ferro-Alloys.com] Since early November, nickel contract for three month, a kind of strong financial metal, experienced an almost 20 days slip when China’s demand remained weak coupled with the greenback to hike its interest rates. Particularly in November 23...
Major stainless steel mills in Southern China, such as Tsingshan Group and Baosteel, kept a rollover of their high-carbon ferrochrome tender prices in November, which brought support for the domestic high-carbon ferrochrome prices; however, major stainless ste...
[Ferro-Alloys.com] Chinese silicon manganese enterprises are now losing money in the market due to the ever dropping price during the past 11 months. As the total supply becomes less and less, the price of silicon manganese product may rebound slightly in the ...
[Ferro-Alloys.com]Both the price and demand of silicon manganese products are at the “freezing point” at the end of November in China. In fact, most of silicon manganese enterprises had halted production in southern China since medium 2015, some enterprises ...