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China official October factory, services surveys show economy still wobbly

Activity in China's manufacturing sector unexpectedly contracted in October for a third straight month, an official survey showed on Sunday, fuelling fears the economy may be cooling further in the fourth quarter despite a raft of stimulus measures. Adding ...

Tuesday, November 3, 2015

China's spot price of iron ore drops

The spot price of iron ore fines 62% to China is being offering at US$50.03/ton, dropping by US$0.85/ton or 1.67% from the previous price. The average price of iron ore was US$53.31/ton in the month. Meanwhile, the China Iron Ore Price Index (CIOPI) de...

Tuesday, November 3, 2015

MKM announces to supply nickel ore to China

Approval of the government of New Caledonia has authorized MKM company exporting low-grade laterite nickel ore to China. Due to international nickel prices continued to fall, resulting the government of New Caledonia has different opinion regarding nickel reso...

Tuesday, November 3, 2015

Japan’s iron ore imports, exports prices fell in September

According to Japan's Ministry of Finance statistics showed in September of this year, Japan imported 10.732 million tons of iron ore, down by 3.1% year on year, the average import price was ¥7444/ton , down by 34.6% year on year. Among them, Japan importe...

Tuesday, November 3, 2015

Baosteel Released its Tender Price of HC FeCr in November

[Ferro-Alloys.com]Baosteel settled its latest tender price of high-carbon ferrochrome in November at RMB6,000/T Cr 50% basis, which remained a rollover from the previous month as Tsingshan Group did, and the purchasing amount is 17k tonnes.

Tuesday, November 3, 2015

Nickel Ore Prices Stabilized When Ports Stock Decrease (Oct 26th-Oct 30th)

[Ferro-Alloys.com] This week, domestic nickel ore price held steady, low-grade nickel ore 0.9-1.1 was mainly quoted at 150-170yuan/t per wet tone; mid-grade nickel ore 1.5 was mainly quoted at 240-260yuan per wet tone; high-grade nickel ore 1.8 was mainly quot...

Monday, November 2, 2015

Low-grade Ferronickel Fell but Purchase Becomes Better (Oct 26th-Oct 30th)

[Ferro-Alloys.com] Last week, domestic low-grade ferrous nickel price tumbled pretty much while mid- and high-grade ferrous nickel held steady. The low-grade ferrous nickel 1.6-1.8 was mainly quoted at 1700-1750yuan/t, down 50yuan/t week over week. Mid-grade f...

Monday, November 2, 2015

Nickel Market Fluctuated Slightly Due to Gold Downturn (Oct 26th-Oct 30th)

[Ferro-Alloys.com] Nickel prices showed a little downturn after a rebound earlier. On Oct. 29, gold and other kinds of metals downturn dragged down the nickel prices, which quoted at $10,335 per metric tone, down 1.94 percent.

Monday, November 2, 2015
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