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Weekly Reports

FeNi Price Decreased while the Trading was not Active-China (Oct.27th-Oct.31st)

In recent week, low FeNi(Ni1.6-1.8%) price stayed at RMB2400-2450/mt. While the medium and high FeNi price declined by RMB40/Ni as FeNi with (Ni 4-6%) was at RMB950-960Ni, ferronickel (Ni 6-8%) at RMB940-950/Ni and ferronickel (Ni 10-15%) at RMB950-960/Ni. all...

Monday, November 3, 2014

Large Ni Ore Importer Planned to Cut Down the Imports-China (Oct.27th-Oct.31st)

Medium and high-grade nickel ores spot and future prices further declined. Currently, the nickel ore with Ni1.6%, Ni1.7%, and Ni1.8% in Tianjin Port are quoted at RMB450-460/wet mt, RMB500-510/wet mt, RMB550-560/wet mt respectively, and the transaction price f...

Monday, November 3, 2014

No Stimulus on Chinese Mn Alloy Market ( Oct-20th – Oct 24th )

Ferro-Alloys.com] In recent period, operation rates of manganese alloys kept stady on the whole as getting colder, while the situation seems to show different in south areas. As higher power in dry water season, coupled with ongoing poor sale, operation rates ...

Monday, October 27, 2014

Chinese Mn Ore Traders Lacks of Confidence on Future Market ( Oct-20th – Oct 24th )

[Ferro-Alloys.com] Affected by weak market for manganese alloys, it seems that manganese ore traders in China lack of enough confidence on future market though no dramatic fluactuation for sale in recent period. As more and larger scale alloys plants choose to...

Monday, October 27, 2014

FeNi Price Sharply Declined in Chinese Market (Oct.20th-Oct.24th)

After half and one months decline, the LME Ni price dropped to USD15000-16000/mt from USD18500-19500/mt. In recent week the nickel price further decreased by USD338/mt to USD15210/mt while the stock increased by 2976tons to 377538tons on Oct.23th. On Oct.24th,...

Monday, October 27, 2014

Nickel Ores Future and Spot Price Declined-China (Oct.20th-Oct.24th)

In recent week the low grade nickel ores future price declined by USD1/wet mt as FOB prices for nickel ore(Fe50%, water33%), nickel ore(Fe49%, water33%), nickel ore(Fe48%, water33%) were quoted at $20-22/wet mt, $19-21/wet mt, $18-20/wet mt respectively. Spot ...

Monday, October 27, 2014

FeV Price Kept Steady Domestically and Abroad (Oct 20th -24th)

[Ferro-Alloys.com] Chinese FeV50 price edged down, but the entire deals were not much. Only some steel mills launched scattered tenders, with FeV50 transacting at RMB78,000-79,000/mt (USD12,786-12,950/mt, export duty excluded) by acceptance. Overseas FeV price...

Monday, October 27, 2014

Chinese FeMo Price Edged Up, While Overseas Moly Market Rebounded (Oct 20th -24th)

[Ferro-Alloys.com] Chinese FeMo60 was offered at RMB92,000-93,000/mt (USD15,081-15,245/mt, export duty excluded) by cash. Steel mills tendered limited volumes so as to meet rigid demand. They purchased raw materials on orders, instead of overstocking.

Monday, October 27, 2014