Domestic spot prices of 50% Cr Chinese high-carbon ferrochrome inched higher to Yuan 6,350-6,450/mt (equivalent to 78.5-79.5 cents/lb) on Wednesday, December 3, from Yuan 6,300-6,450/mt a week ago, on the back of tight supply.

[Ferro-Alloys.com]South Africa origin chrome ore 42% concentrate prices remained a downtrend in 2012 and 2013. The prices kept rising in the first half of 2014 despite the continuous declining of high carbon ferrochrome prices.

According to the investigation of www.ferro-alloys.com， electrolytic manganese metal (EMM) market in China went downward again

Iron ore imports are expected to grow 6.4 percent year-on-year to around 1 billion metric tons in China during 2015, driven largely by lower commodity prices and growth in domestic demand, industry experts said on Wednesday.

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB63,000-64,000/mt (USD10,327-10,491/mt, export duty excluded).

[Ferro-Alloys.com]Chinese FeV50 was offered at RMB74,000-75,000/mt (USD12,131-12,295/mt, export duty excluded) by acceptance.

The excessive spot supply of ferrosilicon not only caused continuous decline of market prices, but also facilitated the procurement and the progress of steel mills.

It is reported that nickel pig iron output in China may reach 440,000 tonnes this year, dropping by 9% YoY.