At the beginning of September, the operating rate for HC ferrochrome plants in Henan province is around 30-40%. The plants in production are facing with thin profits due to the high price of electricity.
Chinese Silicon Barium market slide with few transactions due to weak demand from consumers. However, there were no many stockpiles in the plants as the materials were so easy weathering. They only produce according to the orders.
Chinese Silicon Barium Calcium market kept stable in September. Ex-work price including VAT of SiBa12Ca12 was at RMB8000-8100/ton and SiBa13Ca13 price was at RMB8200-8400/ton, SiBa14Ca14 was offered at RMB9000-9200/ton. The export price of SiBa12Ca12 was at US...
Chinese buyers are also not in hurry to purchase imported material because of low demand in summer, with expectations of further price correction in the domestic market and ample supply of low-priced domestic material.“Chinese buyers do not have plans to buy ...
Silicon Metal = The market in China hit the bottom in Mid-August, rebounded and rose by US$30 - US$40 per ton from the bottom price in the end of August. This is because the increased number of producers which ceased operation due to stagnating prices brought ...
In 1H2014, nickel revenue of Norilsk Nickel declined 3% y-o-y to USD 2.1 billion. Though the average realized price recovered by 3% y-o-y, nickel sales revenue was negatively affected by a 4.5% y-o-y decrease in physical sales volume. Nickel remained the larg...
Jindal Stainless Limited (JSL) has got the highest allocation of 15,300 MT Friable ore among the inside -state (Odisha) bidders in the August round of Chrome ore e-auction followed by Visa Steel with 10,700 MT.Meanwhile, Rohit Ferrotech has got an allocation o...