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Silicon metal price kept flat after National Day in China. Price in Fujian increased by RMB 200/mt, because electricity price was turned up. Silicon metal market functioned well after National Day. More than 80% silicon metal stoves were functioning now.

[Ferro-Alloys.com]During October 6-10, the LME nickel kept stable after the dramatic fall in September. The price saw an increase on Monday and Tuesday, but the fall has offset the rising for the rest three days of this week.

[Ferro-Alloys.com]The LME nickel price closed at $16,860/t last week, with high at $17,854/t and low at $16,483/t, down 5.15%. On Tuesday this week, the price reached a fresh low this month at $16,483/t, which brought the price back to the beginning of April t...

[Ferro-Alloys.com] Chinese FeV was offered at RMB79,000-80,000/mt (USD12,950-13,114/mt, export duty excluded) by acceptance. In late September, the output of steel mills increased from August, so tender volume and price of mills followed to rise. Major steel m...

[Ferro-Alloys.com] Chinese FeMo60 was offered at RMB94,000-95,000/mt (USD15,409-15,573/mt, export duty excluded) by acceptance. Major steel mills couldn’t support FeMo market, with deals concentrating on scattered buying activities. Steel mills’ tender price...

[Ferro-Alloys.com] Given ample supply in China, it seems that imported manganese ore spot market in China would be hard to show dramatic change.

[Ferro-Alloys.com] In recent period, prices for manganese alloys kept poor performance with downturn sale. Silicon manganese 6517 is currently pricing at RMB6,200-6,400/mt and RMB5,400-5,500/mt for 6014. High carbon ferromanganese 65 is now concentrating on 5,...

For the poor market situation of stainless steel and nickel, the FeNi capacity release would not recover then. The nickel ores price still suffered falling risk.