[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB57,000-58,000/mt(USD9,344-9,508/mt, export duty excluded). Downstream V alloy market was sluggish, so buyers first purchased raw materials on orders.
[Ferro-Alloys.com]Chinese FeV50 price slipped to RMB67,000-68,000/mt (USD10,983-11,147/mt, export duty excluded) by acceptance. Steel mills with fund shortage hit tender price to a new low level.
[Ferro-Alloys.com]Despite ongoing sluggish demand, it seems that downtrend of imported manganese ore spot becomes gradually narrow in recent period for cost bosltering.
In Jan. 2015, the high ferronickel price declined to RMB1070-1090/Ni from RMB1120-1140/Ni of Dec.2014. Because of the tight supply, the low FeNi price continued to go up. At the end of Jan., 2015, the low FeNi ex-works price reached RMB2650-2700/mt, rising by ...