Silicon metal market was unstable, and the price fell clearly in April. Now, because of the rain period in Yunnan and Sichuan main production district, so the silicon metal price is falling obviously

So far, the price of EMM in European countries kept stable. According to the latest MB data, the price of #99.7% EMM from Rotterdam warehouse still was about USD1900-1950/mt.

[Ferro-Alloys.com] As further downtrend of steelmakers bidding for May, it seems that silicon manganese spot market in China would be still hard to get out of dropping for the whole month.

[Ferro-Alloys.com]Since May, 1st, 2015, Chinese government will change resource tax of rare earth, W and Mo from ad specific to valorem tax.

Baosteel May 2015 HC Ferrochrome Tender Price Announcement

JISCO May 2015 HC Ferrochrome Tender Price Announcement

cored wire

According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 19815 mt in Mar 2015, down by 9.6% M-O-M and down by 22.9% Y-O-Y. The total export volume in Q1 2015 was 62002 mt, down by 12.2% Y-O-Y.