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LME Nickel Price Appeared Optimistic Signal while FeNi Market unchanged-China (Apr.27th-Apr.30th)

]This week LME nickel price rebounded a little, which closed at USD13455/mt on Apr.29th, rising by USDE740/mt than last week while nickel stock

Monday, May 4, 2015

China Reforms Resource Tax for Rare Earths,Molybdenum,Tungsten

China will levy a resource tax on rare earths, tungsten and molybdenum based on sales value instead of production quantity, the Ministry of Finance announced on Apr 30th.

Monday, May 4, 2015

EMM Production and Trade Abnormal When the Market Price Declined£¨Apr 27th- Apr 30th£©

In this week, the market price of EMM in Hunan, Chongqing and Guangxi areas was about CNY10,800-11,000 per mt, in Guizhou, about CNY10,500-10,700 per mt, and in Ningxia, it¡¯s about CNY 11,100 per mt, which declined more than one hundred yuan per mt.

Monday, May 4, 2015

Groupe Eramet : Q1 2015 TURNOVER

Q1 2015 turnover up on the same period in 2014 at €777 million, driven by a stronger dollar, despite a sharp decline in manganese ore prices.

Monday, May 4, 2015

Negative Attitude Aggravates The Cut-throat Competition of Mn Alloy Market (April 27th- April 30th )

[Ferro-Alloys.com] By the end of April, the result of Hebei and Steel Group bidding on manganese for May further impacted on alloy future market.

Monday, May 4, 2015

Worse Performance of Mn Alloy Still Weigh on Imported Mn Ore Spot in China(April 27th- April 30th )

[Ferro-Alloys.com] By the end of the month, Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.5/mtu in China.

Monday, May 4, 2015

18 Mining Leases Extended, Odisha Govt Tells HC

Odisha government has decided to extend the lease validity period of 18 iron and manganese ore mines which were closed since May last year following a Supreme Court order.

Monday, May 4, 2015

Increasing Pressure for New Tender Prices of High-Carbon Ferrochrome amid Sufficient Supply(27th April -30th April)

[Ferro-Alloys.com]China¡¯s domestic high-carbon ferrochrome output was still in an uptrend, adding that the monthly import volume of high-carbon ferrochrome exceeded 0.2 million tonnes in the previous four months, which made a sufficient supply in domestic mar...

Monday, May 4, 2015
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