Nickel futures traded lower by 0.28% to Rs 701.20 per kg largely in tune with weak overseas trend amidst subdued demand from alloy-makers at domestic spot markets.

[Ferro-Alloys.com]It is said that the biggest silicon manganese purchaser, Hebei Iron and Steel eventually settled August bidding on silicon manganese and high carbon ferromanganese 65.

In May, Japan imported Mn & articles thereof, including waste & scrap totally about 3,983.068mt, imports’ value was about 1,029,660,000yen. Among them, it imported 3,352.104mt from China, accounting for about 84.16% of the total imports. And then was South Af...

Nickel prices softened by 0.14% to Rs 692.90 per kg in futures market today as speculators trimmed positions amidst low demand from alloy makers in the spot market.

In June, Japan imported Mn & articles thereof, including waste & scrap totally about 5,679.405mt, imports’ value was about 1,394,055,000yen. Among them, it imported 4824.797mt from China, accounting for about 84.95% of the total imports. And then was South Af...

[Ferro-Alloys.com]Chinese FeMo60 was quoted at RMB64,000/mt by acceptance. In early August, the tenders of big steel mills ended, transaction price lowering to RMB60,000/mt by acceptance.

[Ferro-Alloys.com]Though The State Bureau of Material Reserve speeded up its pace saving molybdenum oxide, China’s molybdenum market remained sluggish since oversea molybdenum oxide price continued its drop.

[Ferro-Alloys.com] because of the downtown silicon metal market in July, and the price of silicon metal have fell the lowest line, now almost the price about silicon metal 553# without oxygen was RMB10100/mt to RMB10300/mt