At the end of May, the ferrochrome price kept stable, waiting for the new round of purchasing from steel mills. Now the mainstream price of high carbon ferrochrome was RMB6,500/mt.

This week the South African chrome ores future price rose by USD5-10/mt while the spot price increased by RMB0.5-1/mtu.

Steel mills had released the purchasing price, which mainly fluctuated between RMB1, 440-1,450/Ni (delivery price with tax).

By now the Indonesian policy was still firm. Even though the election in July was one factor for the change, the President of the Chamber of Commerce in Indonesia said the export ban was likely to be abolished.

Cored wire market price was still stable in China last week. In Henan province, ex-work price of Ca98%min∮9㎜ pure calcium wire stayed around RMB 12200/mt (USD 2033/mt) .

Imported manganese ore spot market price tends to maintain a slight fluctuation in China this week. Affected by decreased silicon manganese spot resources, manganese ore producers’ confidence has picked up. Meanwhile, steel mills bidding price is steadily ris...

After Labor Day, manganese alloy market kept calm on the whole. Due to the different cost and geographical environment, the purchase price of silicon manganese alloy trended to be the state of ‘south rising, north calming’. Meanwhile, high carbon ferromanga...

EMM market was weak in China last week. In the manganese triangle area, mainstream ex-work price of manganese flake stayed at RMB 11900-12100/mt (USD1919-1952/mt). According to the investigation of www.ferro-alloys.com, operation was bad and many EMM manufact...