Chinese steel mills slashed both the purchase prices and volumes of ferrosilicon for November delivery and excessive supply persisted in China.

Silicon metal price kept flat in the first week of November in China, except for off-grade Si553# in Kunming. The inventory of Si553# was increased grately because its price tended up in September. So silicon metal export price declined. Many factories intende...

Entering Nov., medium and low grade nickel ores production basically stopped. Adding to the unstable nickel price, many importers of China stopped the operation. Now as many FeNi enterprises cut down the production, the purchase for nickel ores was not active....

In Oct., capacity release in most FeNi producing areas of China declined. In addition, the situation was not changed in Nov.. As the weak condition of nickel and stainless steel market had last for a long time, the steel mills did not have much raw material st...

In the first week of November, calcium silicon price continued to be flat in China. Some factories planned to build big size calcium silicon stoves several months ago, but they suspended this plan now.

As HBIS successfully further cut for November purchase on manganese alloy, it seems that other steelmills in China tend to follow with falling bidding price. However, as lowering operation rates in south areas to aggravate, some steel mills are worrying about ...

Ferro-Alloys.com]In recent period, operation rates of manganese alloy surrounding Beijing on the decline slightly due to environment protection for APEC meeting, which produces negative impact on ore sale market. In fact, given large alloys companies already e...

In India, the export incentive on silico manganese will be reduced to 2% from the existing 5.5% in the future. As US$30 - US$40 per ton in terms of the current market is gone, the producers are passing this to its sales price, but no shipper considers it as a ...