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Weekly Comment on FeV market (Jun 1st -5th, 2015)

Weekly News on FeNi Market (June 1, 2015-June 5, 2015)

The price of tungsten concentrate has been the lowest, it’s too difficult to decline more. While the whole market still be depressed, not easy to take a turn for the better.

[Ferro-Alloys.com]In fact, Chinese imported Mn Ore Spot Market began to show steady since May, and some kinds of ores even edge up slightly. Furthermore,

[Ferro-Alloys.com]It seems that Chinese manganese alloy failed to get out of low points amid further contracted bidding price from steelmakers. In recent period, silicon manganese 6517 lingers about RMB5,200-5,400/mt while RMB4,600-4,700/mt for 6014.

Affected by the tight supply, the FeSi Price stated to rebound in end of May after dropped to the lowest level since 2009. According to the mainstream steel mills, the FeSi tender price total improved by RMB100-200/mt.

Affected by the high stock, LME nickel price still fluctuated below USD13000/mt. in addition,the consumption rate might also be restricted by the off-season of the stainless steel market. However, the active could also be seen from the FeNi market. Low operati...

[Ferro-Alloys.com]In domestic market, CaSi has been kept flat since the mid of April. But the factories’ operating rate was only half and they reflected that the transaction was slim. In early June, the mainstream EXW price of Ca30# was RMB9200-9400mt, and Ca...