since mid-2014, the low grade nickel ores spot price continued to decline. In Nov., the average monthly price of low grade Ni ore (Ni0.9-1.1%) declined to RMB230/wet mt, down by RMB150 compared with that of the highest point in Jun..
Entering Dec., the low ferronickel price started to recover due to the tight supply. More discontinuous enterprises planned to recover the production. Now the low FeNi ex-works price was RMV2550-2600/mt, rising by RMB100 than early Dec.. However, in view of th...
Further easing in consumer inflation and accelerating industrial deflation in November reflect stagnation in the world's second-largest economy, and that may push the central bank to cut banks' required reserve ratios as a means of easing liquidity and stabili...
It is reported that ArcelorMittal has signed a contract with the Saint-Nazaire shipyard to supply steel for the hulls and decks of giant cruise ships to be built by STX France.
Economists expect the three-day Central Economic Work Conference that opened in Beijing on Tuesday to focus on preventing downside risks and promising to accelerate the pace of various economic reforms in 2015.
[Ferro-Alloys.com]Lianyungang Chengzhicheng Metallurgical Co., Ltd, located in Jiangsu Guanyun Economic Development Zone, is focusing on the production and sale of high-carbon ferrochrome. The company started its ferrochrome business in 2007, owning three ferr...
[Ferro-Alloys.com] Affected by new round purchase from steel mills, quotation of high carbon ferromanganese 65 was lowered to RMB5,300-5,400/mt from RMB5,400-5,500/mt.