At middle of Sept., Japanese spot price for Indian origin high-carbon Ferro Chrome is at 89-91 cents/lb CIF Japan, up from 87-89 cents/lb last week and rising for second consecutive week due to a decline in spot supply.
The phase-out target assigned to Baotou city by Inner Mongolia Government was the elimination of 152.3 thousand tons of ferroalloys, 4 million tons of cement, 34.6 thousand tons of rare earth and 50 thousand tons of carbon in the year 2014.
one of the enterprises’ production was still not recovered by middle of Sept., which had already last for several months. In addition, the enterprises enlarged the export proportion recently for the sound market in Europe. In Chinese market, the spot supply w...
Silicon manganese prices ticks slightly higher on renewed buying interest from end-users. Grade 60-14 is being offered at around INR 57,500 MT (Ex-Raipur) and INR 58,000/MT (Ex-Durgapur).
In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55 strip steel stayed at RMB 4000-4200/mt (USD645-USD677/mt).