Expect for the weak demand from steel mills, the upcoming cancellation export tariff of the nickel products might also pressured on the FeNi price.

Stocks of Cr ores were about 2.4-2.6millon mt in May and it fell by 10,000mt compared with previous month,

This week steel mills gradually released their June purchase prices of FeCr in China and the basic situation was that the steel mills had kept normal volume with generally cutting RMB50/mt over last month

Silicon metal prices still maintained at high levels in early June......

Calcium silicon price was in chaos and slipped in China. different plants gave distinctive quotations and there were big gaps between prices......

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB-/mt by acceptance. Downstream V alloy suppliers had low willing to input materials, and pressed buying price, so vanadium pent oxide market might drop slightly.

[Ferro-Alloys.com]It is reported that oversea manganese ore giant unveiled July shipment to China basically in line with the proceeding month. Mn45.5% Fe<5% lump ore maintained at level of USD4.5/mtu while Mn49% Fe<5% sand ore remained at USD4.37/mtu.

]Recently many steel mills started to cut down the purchasing price of high FeNi.