Prediction
Chinese Ferroalloy Production Growth Slowdown due to Weak Market in August
According to statistic National Bureau of Statistic of China, Chinese ferroalloy production in August was 3.07 million tons, up by 1.8% Y-O-Y. And the production was totally 24.587 million tons in Jan-Aug of 2014, up by 7.6% Y-O-Y. |
Imported Chrome Ore down 28% in Aug, 2014 from the Same Period Last Year
The volume of China’s imported chrome ore is 755,474 mt, down 1.7% from the previous month, down 28% from the same period last year.... |
Significant Increase for Exported Ferrochrome over the Previous Month in Aug, 2014
The volume of China’s imported ferrochrome in Aug, 2014 is 162,748 mt, up 18.2% over the previous month, up 3% from the same period last year.... |
Nickel Ores Imports of China in Aug.2014 Rose by 6.4% M-O-M
According to the latest statistics, in Aug.,2014, China imported 5.42million tons nickel ores, rising by 6.45% month on month and 3.07% year on year, of which Indonesian Ni ores was 38.7thousand tons, increasing by 3200tons compared with that of last month. Me... |
FeNi Imports of China in Aug.2014 Decreased by 28% M-O-M.
According to the latest statistics, in Aug.,2014, China imported 13,473tons ferronickel, which decreased by 28% month on month while increased by 20% year on year. From Jan. to Aug., total FeNi imports reached 172,310tons, rising by 88% year on year. |
Chinese FeMo Price Slipped, Following Overseas Moly Market Drop
[Ferro-Alloys.com]Chinese FeMo60 was offered at RMB94,000-95,000/mt (USD15,409-15,573/mt, export duty excluded) by acceptance. Major steel mills couldn’t support FeMo market, with deals concentrating on scattered buying activities. Steel mills’ tender price ... |
Overseas Moly Oxide Price Slipped amid Soft Demand
[Ferro-Alloys.com]Overseas moly oxide transacted at USD11.4-11.5/lbMo, USD1/lbMo lower than last week. European steel mills’ operation rate was low, so local demand didn’t increase much. Japanese and S Korean customers were active in buying materials, and a ... |
LME Nickel Price Hit a New Low in Sept.
[Ferro-Alloys.com]The price began to fall after the market opened up on Tuesday (Sept. 23), hitting a new low this month at $16,483/t, and then started to rebound, closing at $17,179/t. |
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