Prediction
HC FeCr Prices May Have Hit the Bottom after the Collapse( Nov 30th-Dec 4th)
[Ferro-Alloys.com]Collapse was seen in China’s domestic prices of high-carbon ferrochrome in the last month of 2015, and the sharpest fall almost reached 10%. The decline in the prices surprised everybody, though it is commonly recognized that the downtrend w... |
Chinese Imported Mn Ore Spot Market Continued to Fall (Nov 30th – Dec 4th )
[Ferro-Alloys.com]As new round purchase on manganese alloy for steel mills continued to drop dramatically, Chinese imported manganese ore spot sale also face huge pressure. After HBIS cut Dec purchase on silicon manganese by RMB450/mt, |
Downturn of Chinese FeSi Becomes Narrowed in Dec (Nov 30th – Dec 4th )
[Ferro-Alloys.com] In early December, ex-work prices of ferrosilicon 75# in China quoted at RMB4,300-4,400/mt and RMB3,900-4,100/mt for 72#. Given flat demand globally, Chinese ferrosilicon spot market in China still failed to in good shape though most factori... |
Low Ferrous Nickel Continued to Shed (Nov 30th-Dec 4th)
[Ferro-Alloys.com]During this week, low grade ferrous nickel price continued to loss again. Low-grade ferronickel 1.6-1.8% quoted at 1570-1620yuan/t, down 30yuan/t; mid-grade ferronickel 4-6% quoted at 720-730yuan/nickel; mid-grade ferronickel 6-8% quoted at 7... |
Nickel Price Hovered Around Below $9000/t (Nov 30th-Dec 4th)
[Ferro-Alloys.com]After experiencing a crazy tide of short sells, nickel market tends to be stabilized in the near term. In November 30th, LME nickel delivered in three months closed at 8855 dollars per tone with opening stock at 408360 tones; In December 1st,... |
Low Demand Led to Poor Performance on FeSi Exports in China
[Ferro-Alloys.com]As further slip on steel mills bidding, the price of ferrosilicon in China was also kept on track to downtrend for December. It is said that the main ex-work quotation of ferrosilicon 75 was edged down to RMB4,300-4,400/mt in Qinghai, Ningxia... |
The Dec Bidding Price of HC FeMn by Xinyu Steel Declined Sharply
[Ferro-Alloys.com] Xinyu Steel knocked down its December bidding price of high carbon ferromanganese, which was RMB3700/mt, im-work by acceptance including tax. It sharply decreased by RMB245/mt month on month, and the total purchase volume was 180 tons. |
The Dec Bidding Price of HC FeMn by Kunming Steel Was Flat from Nov
[Ferro-Alloys.com] Kunming Steel knocked down its December bidding price of 75# high carbon ferromanganese, it was RMB4345/mt, im-work by acceptance including tax. The price was flat from that of November. In addition, the total bidding volume was 420 tons. |
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