In recent week, the nickel ores purchase was still active in Chinese market. The medium and high grade nickel ores price further increased along with the decreasing stock.
This week the chrome ores spot price remained stable while considering the tight fund at the end of the year, the FeCr producers preferred to buy the futures materials and tried to pressure on the spot price
[Ferro-Alloys.com]The LME nickel price rose last Friday, Dec 12, creating an intraday high at 16725 with a low at 16228, closing at 16675, up 2.76% all day.
Ferro-Alloys.com] Silicon manganese 6517 is currently pricing at RMB5,900-6,100/mt and RMB5,300-5,400/mt for 6014. High carbon ferromanganese 65 is now concentrating on 5,300-5,400/mt.
[Ferro-Alloys.com]Australian Mn46 lumps are currently focused on RMB33-34/mtu andRMB33-33.5/mtu for Mn48 sand ore. South African Mn38 lumps are pricing at RMB28.5-29.5/mtu while RMB32-33/mtu for Mn32%Fe20%.