[Ferro-Alloys.com]Chinese FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. In mid-month, steel capacity surplus and price drop led to less demand for moly materials.

[Ferro-Alloys.com]Overseas moly oxide transaction price was USD8-8.1/lbMo, but deals were slim. The low operation rate of steel industry degraded the demand for moly materials, so buyers were watchful.

Ningxia Taiyang Magnesium Enjoyed Good Production and Sales in 2014

[Ferro-Alloys.com]Chinese silicon manganese 6014 market saw RMB50/mt downturn further as flat demand. Given increasing operation rates in south of China after week-long holiday

Market of Mg Ingot Continued to be Low in China（March2nd–March6th)

[Ferro-Alloys.com] After HBIS knocked down March purchase on manganese alloys, the biggest silicon manganese purchaser in south of China, Shagang Group also settled 6517 with RMB6,000/mt from RMB6,040/mt.

Steel Mills Continued to Cut March Bidding Prices of FeSi in China (March2nd-March6th)

[Ferro-Alloys.com]It seems that downtrend of future shipment from oversea miners coupled with flat manganese alloyin China further push down imported manganese ore spot market in China. The spot market showed a RMB1-2/mtu fluctuation from early period.