Japanese spot silicomanganese prices continued to fall this week amid a supply glut as consumption continues to fall across China, India and Europe, market sources said Thursday, December 4.

As more steelmakers knocked down bidding price on manganese alloys, it is estimated that tendency for alloys in December also becomes clear. Silicon

[Ferro-Alloys.com] Chinese FeV50 was offered at RMB74,000-75,000/mt (USD12,131-12,295/mt, export duty excluded) by acceptance. At the end of last month, steel mills entered the market for raw materials, with the transaction price lowering further.

[Ferro-Alloys.com]Most ferrochrome producers in Inner Mongolia have resumed their high carbon ferrochrome production, but the less-than-expected output of high carbon ferrochrome impacted by the arrival of winter has made the supply remain a little tight, addi...

[Ferro-Alloys.com]Though most ferrochrome producers has resumed their production gradually. The producers haven’t increased their purchase amount for chrome ores, because the plants were using the stock, adding the low production rate in southern China,

[Ferro-Alloys.com] Chinese FeMo60 was offered at RMB88,000/mt (USD14,426/mt, export duty excluded) by cash. In early month, steel mills tendered limited volumes of FeMo, pressing buying price to RMB89,000/mt (USD14,590/mt, export duty excluded) by acceptance.

According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 15,597 mt in Oct, 2014, slightly up by 2.2% M-O-M and down by 29.2% Y-O-Y. The total export volume in Jan-Oct of 2014 was 196,035 mt, up by 6.7% Y-O-Y.

In the first week of December, calcium silicon market kept steady in China. Only some big calcium silicon mills worked well in China. Steel mills would be in bad state and calcium silicon market was mostly affected by steel price.