Prediction
Chrome Ore Prices Stabilized on China’s Devaluation(Aug 10rd-Aug 14th)
[Ferro-Alloys.com]Chrome ore prices remained stable this weak and the prices are expected to cease to fall on China’s devaluation, although China’s ferrochrome prices made a second jump following July. |
Low Operation of EMM of China to Bolster Spot Market (Aug 10th – Aug 14th )
[Ferro-Alloys.com] In mid- August, low operation rates of electrolytic manganese metal allowed manganese producers to tend to hold price |
Chinese CaSi Market may Affected by RMB Depreciation and Massive Explosion in Tianjin (Aug 10th-Aug 14th)
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Chinese Calium silicon market still kept gloomy in the mid-August with ex-work prices at RMB9,000/mt and RMB8,800/mt for CaSi30# and CaSi28#. In August, the capability utilization rate and transaction have no improvement now. |
Chinese FeSi Spot Market Kept Tumbling (Aug 10th – Aug 14th )
[Ferro-Alloys.com]There was little fluctuation in the price of ferrosilicon in mid-August. Given poor sale and increasing capital pressure, some alloy suppliers forced to put price drop by RMB50/mt from the prior week. |
Chinese Mn Alloy Still Underperformed amid Sluggish Demand (Aug 10th – Aug 14th )
[Ferro-Alloys.com] In recent period, poor performance of manganese alloys in China failed to improve. As sale and capital pressure, some producers have a strong desire to sell products which aggravated market competition |
Chinese Ore Traders Tend to Hold Mn Ore Steady amid RMB Exchange Rate Fluctuations (Aug 10th – Aug 14th )
[Ferro-Alloys.com]In mid August, Australian Mn46 lumps kept at RMB25-25.5/mtu at ports in China. As for Mn48 sand ore, the price remained at RMB23.5-24/mtu in China. |
CML Unveiled September Mn Ore Shipment to China
[Ferro-Alloys.com]It is said that CML already released September manganese ore shipment to China, Australian |
Cored Wires: Slow Payment from Steel Mills Add to Pressure for Producers
As steel mills adjusted down purchase price and pays slow, it posed threat for cash flow of cored wires producers, their pressure surged. |
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