[Ferro-Alloys.com]Baosteel released its tender price of high-carbon ferrochrome for October, with the new tender price at RMB6,000/T Cr 50% basis, down RMB150/T, and the mill would purchase 18,000 tonnes of high-carbon ferrochrome in the month.
[Ferro-Alloys.com]Chinese FeV was offered at RMB48,000-49,000/mt by acceptance. In late month, major steel mills intensively launched bids, but the entire demand didn’t improve much, exerting downward pressure on V alloy procurement.
[Ferro-Alloys.com] the price was stable and was not enough season to increase more, while the low grade silicon metal 553#,441#, the price increased about RMB100/MT to 150/MT in September.
[Ferro-Alloys.com]Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. In late month, major steel mills successively entered the market, but they pressed the tender price.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.7/lbMo, as consumers purchased required volumes. Bulk commodity price dropped amid sluggish economy in Europe.
[Ferro-Alloys.com]China’s high-carbon ferrochrome prices remained stable, while the low- and micro-carbon ferrochrome prices dipped slightly. China’s imported ferrochrome in August declined after hitting record high in previous month, which exceeded the 0.2 ...
[Ferro-Alloys.com]The continued fall of high-carbon ferrochrome prices and the negative expectation of the new tender prices lead to the decline of chrome ore futures prices, while the spot prices remained stable. China’s imported chrome ore fell in August af...