Weekly Reports
Chinese FeMo Price Stabilized While Overseas Moly Rose (Mar 31st –Apr 4th)
Chinese FeMo price kept steady, and deals were strong. In late month, steel mills launched intensive tenders, biding at RMB92,000/mt (USD15,081/mt, export duty excluded) by acceptance. Mills pressed buying price of FeMo, but suppliers rejected to sell material... |
Reduced FeSi Purchase Prices were Likely to Cause More Reductions of Furnaces in China (Mar 31st-Apr 4th)
Last week Shasteel, HBIS, TISCO and NISCO released their purchase prices or enquiry prices, all down RMB200-250/mt (USD32-40/mt) to delivered tax-inclusive price RMB5,900/mt(USD949/mt, export duty not included) by acceptance from March of 2014. Increased volum... |
HC FeCr Tender Price Was Expected to Decline in Apr.-China
Because of the weak stainless steel market, this week the import ferrochrome went weaker in not only spot but the future market. |
Decreasing Stock Supporting the Chrome Ores Price-China
Under the circumstance of poor purchasing and meager profit, ferrochrome and chrome ores traders were cautious for the preparation of the raw materials and most of them deal with among their old customers. |
HC FeCr Tender Price Was Expected to Decline in Apr.-China
Because of the weak stainless steel market, this week the import ferrochrome went weaker in not only spot but the future market. |
Chinese EMM Market Went Downward (Mar.24th –Mar.28th)
Chinese EMM Market Went Downward (Mar.24th –Mar.28th) |
Nickel Ores Trading Was into a Stalemate in Chinese Market
his week the low-grade nickel ores price tended weaker while the medium and high nickel ores still increased significantly. The market price was confusing and the trading volume was few. |
LME Nickel Price Declined while Participants Expected Higher-China
Affected by the environmental inspection, the medium and low ferronickel production decreased |
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