[Ferro-Alloys.com]After the Dragon Boat Festival, Chinese FeMo price slipped to RMB73,000-74,000/mt by acceptance. Downstream steel mills slowed stocking, so FeMo deals were slim.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD6.65/lbMo. Close to the summer vacations, steel’s operation rate lowered, in addition that buyers owned enough stock of raw materials, so the buying volumes were limited.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

According to statistics, Russia exported 54,167 tons of ferro-alloy in April, down by 16.1% in comparison of last month.

Brazil’s Ferbasa said its sales of high carbon ferro-chrome totaled 6,602 tons in May, dropping by 38.8% year on year.

According to statistic National Bureau of Statistic of China, Chinese ferroalloy production in May was 3.125 million tons, up by 9.54% M-O-M and decreasing by 0.5% Y-O-Y; Total production in Jan-May 2015 was 14.352 million tons, slightly down by 3.4% Y-O-Y.

[Ferro-Alloys.com] is reported that oversea manganese ore giant, Eramet Comilog already unveiled July manganese ore shipment to China. Gabonese Mn

[Ferro-Alloys.com]It is said that the big manganese ore giant, BHP already knocked down July manganese ore shipment to China. Australian lump ore Mn45.5% Fe<5% maintained