In late July, most of the steel mills had pulled up the high FeNi price by RMB10-20/Ni while the suppliers showed different attitude for the situation. Some chose to sell to recover the fund while still some prefer to cooperate with the traders

With Shaogang Group being the first steel mill to launch bids for August ferrosilicon in China, this week much focused Shagang Group and HBIS both released August purchase plans for ferroalloys including ferrosilicon. Shagang Group would purchase a total of 5,...

Mg Ingot Prices Stabilized on Steady Supply in China

In the third ten-day of July, Chinese silicon metal market differed with 553# price dropping while chemical grade silicon slightly rising. The capability utilization of the factories was unchanged and spot materials were still difficult to inqury. Orders were ...

Chinese calcium silicon market kept stable in the third ten-day of July with no improvement for transactions and demand.

As overall operation of FeCr manufacturers was bad, Cr ore transaction was bad. In spot market, chrome ore from South Africa with Cr 40-42% was RMB29.5-31.5/mtu

EMM market in China was generally stable last week. In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB 12500-12700/mt (USD2016-2048/mt).

This week the high FeNi price decreased by RMB10/mt as ferronickel (Ni 10-15%) was at RMB1, 280-1,300/Ni. In mid of July, the high FeNi price advantage increased slightly compared with nickel metal