[Ferro-Alloys.com] Chinese FeV price edged down, as downstream demand was sluggish. In mid-June, steel output hit a new record, at the same time, inventory grew rapidly. The newly-increased steel capacity converted into inventory.

[Ferro-Alloys.com] Chinese FeMo price kept steady, with quotation at RMB-/mt by acceptance.

[Ferro-Alloys.com] Despite manganese alloy performance showed somewhat improvement recently, it seems that the sale price still failed to reach suppliers anticipantion. In addition to that, given thin profit, some alloy suppliers began to show more interest in...

[Ferro-Alloys.com] In recent period, Mn46 lumps are now tumbling at RMB33.5-35/mtu and RMB33.5-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to around RMB28.5-29.5/mtu, Brazilian Mn 44-45 lumps are lowering to RMB31-31.5/mtu while RMB31.5-32.5/m...

For low-grade Ni ores supply, in Q3, the Philippines would enter the export peak period, so under the large supply condition, the low-grade Ni ores price was easy to go down.

n July, more steel mills would start to overhaul. Therefore, the demand for raw materials would decline. Besides, according to some steel mills, most of them still held some high FeNi stock now,

Major steel mills and ferrochrome producers considered the present price of FeCr prices bottomed and it was likely to rise inQ3 in China.

Si Metal Kept Firm with Inactive Purchase of Buyers (June 16th-20th)