[Ferro-Alloys.com]Overseas moly oxide transacted at USD8.4/lbMo amid soft demand. Steel mills’ operation rate was low, as well as stocked enough raw materials, so downstream buying intention lowered.
]In mid-Feb. of 2015, the FeB price in China had no much change compared with last month. The FeB18% was quoted at RMB21000-21500/mt. according several large producers
In the three years of 2011-2013, the high FeNi price basically presented the stepwise decline. In 2011, the high FeNi was quoted at RMB1450-1550/Ni(ex-works price with tax, by cash) while in half 1 of 2012,
[Ferro-Alloys.com]It seems that flat demand on ore aggravated traders’concern on future market since increasing number of participants quit market temporarily for Spring Festival approaching.
In accordance with the spot market, the high grade nickel ores futures price drop to low level in mid-Nov. 2014 and then in the next two months, the nickel ores price slightly recovered.
It was acknowledged that the high grade nickel ores spot price started to recover in end Nov. after more than half years’ decline. From Dec. 2014 to Feb. 2015, the nickel ores price
[Ferro-Alloys.com]It is reported that RMB6,000/mt for HBIS and RMB6,040/mt for Shasteel Group further pushed down new round purchase on silicon manganese in Feb.