on Jan.16th, nickel ores stock declined by 300thousand tons to 20.35million tons. It was acknowledged the stock had already declined for 10weeks with decreasing rate was 3.55million tons.

According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price

[Ferro-Alloys.com]Senior expert from China’s electric industry reported at FA Annual Meeting held in Beijing recently. Free power generation and market-decided-price would be the destination of China’s latest electric reform according to the report.

[Ferro-Alloys.com]China’s chrome ores prices currently remained in the downtrend channel started from mid-2014. Due to the stable production rate in China

[Ferro-Alloys.com]Chinese W concentrates price rebounded to RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded), but no deals were concluded.

[Ferro-Alloys.com]In recent period, medium carbon ferromanganese 75C2.0 was focused on RMB8,000-8,100/mt while RMB8,300-8,400/mt for 78C2.0 as well as RMB8,700-8,800/mt for 78C1.

[Ferro-Alloys.com]Since there was no signs of picking up for high carbon ferromanganese,it seems that domestic alloys traders have less interest in products stocking before

[Ferro-Alloys.com]Hazakhstan origin high-carbon ferrochrome prices remained weak in Chinese market. Quotations from traders in Tianjin were higher than that in Shanghai and Suzhou.