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Prediction

Some Reasons Lead EMM Price to Reduce

Currently, the main price of EMM in the Chinese domestic market is RMB9,800 - CNY10,000/mt, down by CNY100 from the last week. Because of an increase in the supply volume stemming from expanded recommencement of operation and a drop in the retail price of mang...

Thursday, April 21, 2016

Kingray Increases EMM Production Now

Jinrui Manganese Industry Co., Ltd. of Tongren City in Guizhou, one EMM manufacturing enterprise of Kingray, can produce EMM about 100mt per day. And another one is Jinrui Manganese Industry Co., Ltd. of Songtao County, because of bad markets and low price of ...

Tuesday, April 19, 2016

The Price Rise of Cold Steel Strip Will Last in the Near Term

[Ferro-Alloys.com] According to Shougang Group,based on the order price in April, the price(exclusive of tax) of general cold steel strip in May will be increased by RMB400 in south China, and the price(exclusive of tax) of other steel strips has increased by ...

Tuesday, April 19, 2016

The Production and Purchasement of Ferronickel Industries (April 11-April 15)

[Ferro-Alloys.com]There is a slight increase for ferronickel (1.6-1.8%) this week, whose quotation is RMB1,900-2,000/T. With a stable trend, the mainstream price of ferronickel (6-8%) is 720-730/Ni, and of ferronickel(10-15%) is RMB 710-720/Ni.

Monday, April 18, 2016

HC FeCr Output Increased After the Prices Hiked (April 11-April 15)

[Ferro-Alloys.com]High-carbon ferrochrome tender prices from China’s major stainless steel mills started to bottom out in April due to the tight supply, which would support the high-carbon ferrochrome prices, while the prices from the producers are still far ...

Monday, April 18, 2016

Chrome Ore Prices Remained Strong(April 11-April 15)

[Ferro-Alloys.com]Some of China’s major stainless steel mills hiked their tender prices in April for the first time in recent years, which would support the whole chrome market.

Monday, April 18, 2016

LME Nickel Broke Through MA89 and Surged(April 11-April 15)

[Ferro-Alloys.com]LME nickel continued to rise this week after breaking through MA89 on Tuesday, up 3.87% on the day. The price began to fall after hitting 9,000 and was trying to break the resistance level of 9,000.

Monday, April 18, 2016

Futures and Spot Pirces of Nickel Ores Remained Stable(April 11-April 15)

[Ferro-Alloys.com]Despite the tight supply of spot nickel ore, the futures and spot prices of nickel ore remained stable this week, and some ferronickel producers said there’s not enough nickel ore in ports.

Monday, April 18, 2016