According to the latest Customs statistic, China exported 101,465 tons of ferroalloys (products with HS code below 7202 and silicon metal) in January 2015, slightly down by 2.8% M-O-M and slightly up by 1.3% Y-O-Y. The materials were mainly shipped to Japan (2...
[Ferro-Alloys.com]China’s domestic chrome market remained weak after the Chinese New Year holiday. Most ferrochrome producers are busy producing for previous order, which are expected to be finished in early March.
[Ferro-Alloys.com]After the long holidays, suppliers successively returned to the market, but the operation rate was low. FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance.
[Ferro-Alloys.com]After the Spring Festival holidays, overseas moly oxide rebounded to USD8/lbMo. Some buyers returned to the market for raw materials, which enhanced the confidence of participants.
During the Spring Festival holidays, LME nickel closing price fell below USD14000/mt while the FeNi and nickel ores price stayed stable. Even though the statutory holiday was over, many factories, steel mills and traders was still on leave and the nickel marke...