[Ferro-Alloys.com]Despite ongoing sluggish demand, it seems that downtrend of imported manganese ore spot becomes gradually narrow in recent period for cost bosltering.
Fujian Lian De Enterprise Co., Ltd located in Fujian province of China, which was invested by Yieh United Steel and engaged in high ferronickel production. The fist phase of the project had four sets of 36000KVA (RKEF) and the first furnace put into operation ...
Jiangsu Hongfeng New Material Technology Co., Ltd. locating at Jiangsu province, which owned 4 sets of 33000kva(RKFE)with monthly production of high FeNi of 5000tons
In Jan. 2015, the high ferronickel price declined to RMB1070-1090/Ni from RMB1120-1140/Ni of Dec.2014. Because of the tight supply, the low FeNi price continued to go up. At the end of Jan., 2015, the low FeNi ex-works price reached RMB2650-2700/mt, rising by ...
[Ferro-Alloys.com]Chinese FeMo was offered at RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded) by acceptance. Steel mills were unwilling to purchase excessive raw materials due to fund shortage, so the entire deals were limited.