Prediction

Chinese EMM Market Kept Low Level Amid Sluggsh Demand ( Mar 16th – Mar 20th )

[Ferro-Alloys.com] This week, mainstream ex-work price of chinese electrolytic manganese flake edged down to RMB11,600-11,800/mt from RMB11,700-11,900/mt. Although export price still fixed at USD2,000-2,040/mt from parts of traders, some of them pointed out th...

Monday, March 23, 2015

Chinese Imported Mn Ore Spot Market Continued to Fall ( Mar 16th – Mar 20th )

[Ferro-Alloys.com]Flat demand coupled with hefty supply aggravated worse performance of imported manganese ore spot market in China, resulting in RMB0.5/mtu fluctuation in the price of ore from last week.

Monday, March 23, 2015

Reduced Operation Rate Continued in China (March16th-March20th)

Reduced Operation Rate Continued in China (March16th-March20th)

Monday, March 23, 2015

China Ferrosilicon Capability Reached 11 million tons

The expansion of FeSi capability in recent years was mainly driven up by the blooming demand from steel industry. Besides, under the Chinese policy of energy-saving and emission-reduction, the furnaces of small scale were eliminated, and those of over 30,000K...

Monday, March 23, 2015

China Ferrosilicon Producers Are Suffering Loss

Due to the gloomy market, the average operating rate in China kept as low as 50~60%. Some of the plants have stopped production for a long time. However, quite few plants are at full capability. Seen from the districts, Qinghai has a higher operation rate of ...

Monday, March 23, 2015

Nickel Ores Market might continue to drop-China (Mar.16th-Mar.20th)

It was expected that the nickel ores price might further decrease. One reason was the purchase of FeNi from steel mills was weak; the FeNi price might further go down. Another reason was the total FeNi operating rate in China was low as in Jiangsu and Liaoning...

Friday, March 20, 2015

FeNi Price Suffered further Downturn Risk-China (Mar.16th-Mar.20th)

In recent week the LME nickel price continued to decline.on Mar.19th,LME Ni closed at USD13715/mt, down by USD300/mt than last week while the nickel stock increased by 966tons to 431,820tons. On Mar.20th, Jinchuan 1# nickel was quoted at RMB103300-103700/mt, d...

Friday, March 20, 2015

BHP Further Cut April Mn Ore Shipment to China by USD0.2-0.4/mtu

It is reported that international biggest giant, BHP already released March manganes ore shipment to China. Mn45.5% Fe<5% lump ore was cut to USD3.30/mtu from USD3.70/mtu, Mn49% Fe<5% sand ore was dropped to USD3.20/mtu from USD3.40/mtu. (CIF, China)

Friday, March 20, 2015
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