[Ferro-Alloys.com] In December 17, Federal Reserve has increased the interest rate by 25 basis points, the first hike since June 2006, which means that the world-largest economy officially steps on a cycle of rate increasing.
[Ferro-Alloys.com] In mid-Dec, , the quotation of 46% Australian lump was lowered to RMB19-20.5/mtu, and the quotation of Australian sand ore was edged down to RMB18.5-19.5/mtu. T
[Ferro-Alloys.com]In Mid-Dec, ex-work price of 75 in northeast China dropped to RMB4,150-4,250/mt while RMB3,800-4,000/mt for ferrosilicon 72#. After continued falling, the price of ferrosilicon already drop below RMB4,000/mt and enter the 3
[Ferro-Alloys.com]High-carbon ferrochrome prices remained stable last week. The ferrochrome traders are suffering a difficult time when the tender prices from stainless steel mills get closer to the production cost for most producers and some producers in Nort...
[Ferro-Alloys.com]South African chrome ore prices continued to slip, and the chrome ore lumpy prices remained history low while the ferrochrome producers expected even lower prices, which made it hard to reach consensus on the prices.
The spot price of iron ore fines 62% to China is being offering at US$38.37/ton, dropping by US$0.31/ton or 0.8% from the previous price.
The average price of iron ore was US$39.3/ton in the month.
Meanwhile, the China Iron Ore Price Index (CIOPI) decr...
According to the National Bureau of Statistics (NBS), China’s crude steel output reached 738.38 million tons in the first eleven months, dropping by 2.2% year on year, which is in line with market participants’ expectations.
Meanwhile, China’s pig iron ...