[Ferro-Alloys.com]TISCO settled its tender price for high-carbon ferrochrome in September at RMB5,950/MT Cr 50% basis, delivered price VAT by cash, down by RMB100/MT Cr 50% basis
[Ferro-Alloys.com]China's largest stainless steel mills have already settled their tender prices for high-carbon ferrochrome for September, with a decline of RMB50-150/MT Cr 50% basis, indicating China's high-carbon ferrochrome prices have fallen to the lowest...
The value of base metal miners and diversified giants fell on Tuesday as metals prices dropped back to near financial crisis lows after Chinese manufacturing data shocked commodity markets.
[Ferro-Alloys.com]Chinese FeMo transacted at RMB57,000-58,000/mt by acceptance. Steel industry was still depressed in September, resulting in that producers purchased needed volumes.
Owing to the support of continuously stable quotation by overseas mining giants, there was little fluctuation in the spot market of China’s imported Manganese Ore as a whole in August.
[Ferro-Alloys.com]Overseas moly oxide price rose to USD5.9-6/lbMo. European consumers restocked materials after the summer vacations ended, the market trended uptick.
Nickel miner Panoramic has widened its losses for the 2015 financial year, as bottom-line figures were affected by lower production and declining revenues.
[Ferro-Alloys.com]Chinese vanadium pent oxide transacted at RMB44,000-45,000/mt. As V alloy price consistently dropped, suppliers were prudent to restock materials, so the entire demand was underperformed.