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Prediction

LME Nickel Suffered Downtrend Pressure(April 5-April 8)

[Ferro-Alloys.com]LME nickel price broke through MA89 downwards the week earlier and a breakout was not seen in the week. The price was currently repressed by the MA89, moving around 8,400 level.

Monday, April 11, 2016

Futures and Spot Pirces of Nickel Ores Remained Stable(April 5-April 8)

[Ferro-Alloys.com]The futures and spot prices of nickel ore remained stable in the week. Philippines origin nickel ore (Ni0.9-1.1%, Fe49%) was quoted at RMB140/WMT and US$16-18/WMT, nickel ore(Ni1.6%, Fe25-30%) at RMB250/WMT and US$30-31/WMT;

Monday, April 11, 2016

South African Chrome Ore Prices Continued to Rally(April 5-April 8)

[Ferro-Alloys.com]China’s major stainless steel mills raised their tender prices for high-carbon ferrochrome in April, which boosted the chrome market although it’s a slight rise. As the most consumed chrome ore, chrome ore futures price of South African ori...

Monday, April 11, 2016

The Operation Rate of Silicon Plant in Yunnan And Sichuan Less Than 10% During March

[Ferro-Alloys.com]The price of silicon metal in China has begun taking an upward turn since Chinese New Year finished, and still continued rising. The price of 5.5.3 low-grade product is up by CNY900 - CNY1,000 per ton from the end of February and the price of...

Friday, April 8, 2016

Apr Procurement Price of FeMn Increased by RMB700/mt by An-steel

[www.ferro-alloys.com] Liaoning Anshan Steel Company Knocked down its April bidding price of high carbon ferromanganese 65#, which was RMB5000/mt, up by RMB700/mt month on month. The procurement volume was 2580 tons.

Friday, April 8, 2016

Apr Procurement Price of FeMn Was RMB5000/mt by Yongfeng Steel

[www.ferro-alloys.com] Yongfeng Steel Company Knocked down its April bidding price of high carbon ferromanganese 65#, which was RMB5000/mt, im-work including tax by acceptance. The procurement volume was 800 tons.

Friday, April 8, 2016

Overseas Market Saturation Leads to Blocked Export

[www.ferro-alloys.com] Currently the cored wires export has been blocked in different degree due to the overseas market saturation.

Friday, April 8, 2016

The Spot Price of Imported Mn Ore Fell Slightly

[www.ferro-alloys.com] According to the statistics of ferro-alloys.com, the spot price of imported manganese ore showed a slight drop than last week. Australian lump Mn46 was quoted at RMB36-37/mtu, South African half carbonic acid Mn37 was quoted at RMB34-35/...

Thursday, April 7, 2016