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A Nickel Crisis For BHP Billiton And Vale
The last thing two of the world’s biggest mining companies, BHP Billiton and Vale , need today is speculation that after the disaster at their jointly owned Samarco iron ore mine in Brazil they might also have to close big nickel-mining operations to stem a t... |
HC FeCr Prices May Have Hit the Bottom after the Collapse( Nov 30th-Dec 4th)
[Ferro-Alloys.com]Collapse was seen in China’s domestic prices of high-carbon ferrochrome in the last month of 2015, and the sharpest fall almost reached 10%. The decline in the prices surprised everybody, though it is commonly recognized that the downtrend w... |
Chrome Ore Slipped Sharply Following HC FeCr( Nov 30th-Dec 4th)
[Ferro-Alloys.com]China’s major stainless steel mills lowered their new around of tender prices of high-carbon ferrochrome sharply at the end of November and the beginning of December, which hit the chrome market heavily, and the chrome ore prices fell accord... |
Chinese Imported Mn Ore Spot Market Continued to Fall (Nov 30th – Dec 4th )
[Ferro-Alloys.com]As new round purchase on manganese alloy for steel mills continued to drop dramatically, Chinese imported manganese ore spot sale also face huge pressure. After HBIS cut Dec purchase on silicon manganese by RMB450/mt, |
Downturn of Chinese FeSi Becomes Narrowed in Dec (Nov 30th – Dec 4th )
[Ferro-Alloys.com] In early December, ex-work prices of ferrosilicon 75# in China quoted at RMB4,300-4,400/mt and RMB3,900-4,100/mt for 72#. Given flat demand globally, Chinese ferrosilicon spot market in China still failed to in good shape though most factori... |
Low Ferrous Nickel Continued to Shed (Nov 30th-Dec 4th)
[Ferro-Alloys.com]During this week, low grade ferrous nickel price continued to loss again. Low-grade ferronickel 1.6-1.8% quoted at 1570-1620yuan/t, down 30yuan/t; mid-grade ferronickel 4-6% quoted at 720-730yuan/nickel; mid-grade ferronickel 6-8% quoted at 7... |
Nickel Price Hovered Around Below $9000/t (Nov 30th-Dec 4th)
[Ferro-Alloys.com]After experiencing a crazy tide of short sells, nickel market tends to be stabilized in the near term. In November 30th, LME nickel delivered in three months closed at 8855 dollars per tone with opening stock at 408360 tones; In December 1st,... |
Spot Offers Remain Under Pressure on Weak Demand for Asia FeSi
Spot offers of 75%-Si ferrosilicon in Asia remained under pressure on prevailing weak demand and intense competition from indirect shipments via Vietnam, sources said Thursday. |
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