[Ferro-Alloys.com]Since Yunnan province enjoy high water season power price, reducing production cost allowed operation rates for manganese alloy factories to resume about 50%.

[Ferro-Alloys.com]In the first half of 2014, China total imported 7.885 million tons of manganese ore, showing an increase of 6.9% compared to the same period of last year according to data conducted by Chinese custom statistics.

According to statistic National Bureau of Statistic of China, Chinese ferroalloy production was totally ... million tons in H1 of 2014, up by ... Y-O-Y. The production in June was ...million tons, up by ... Y-O-Y.

The calcium silicon export market in China was still depressed with big gap between the lowest and highest prices.

[Ferro-Alloys.com]Overseas moly oxide price rose to USD-/lbMo, as European customers actively bought materials.

[Ferro-Alloys.com]Chinese FeMo price rose to RMB-/mt by acceptance.

Fitch also raised Norilsk Nickel’s short-term foreign currency IDR to F3 from B and senior unsecured foreign currency rating to BBB-from BB+.

The company's pricing strategy is closely watched by Asian rivals such as POSCO, Hyundai Steel Co and Baosteel, which aim to boost exports to Japan.