Xiangtan Electrochemical Scientific Ltd.(Xiangtan Electrochemical) published its financial report of H1 of 2014 recently.

[Ferro-Alloys.com] It is said that silicon manganese 6014 prices in China kept downturn slightly amid weakened demand. Prices in Tiandeng of Guangxi area are currently focusing on RMB5,020/mt (without VAT by cash, the same as below),

[Ferro-Alloys.com] In recent period, high carbon ferromanganese 65C7.0 in China quoted at RMB5,600-5,700/mt while RMB6,400-6,600/mt for 75#.

The Chinese largest steel mill HBIS increased its September ferrosilicon 72# bidding price to RMB6030/mt (delivered price) from RMB5990/mt in August. After the price released, the mills around HBIS also increased the September bidding price.

Manganese ore prices to China were firmer Tuesday, with sources saying offers were rising despite slow demand as port stock values had been lifted by a stronger Yuan over August.

According to the investigation of www.ferro-alloys.com，electrolytic manganese metal (EMM) market in China was still firm.

[Ferro-Alloys.com]In July, 2014, China exported 478mt FeMo, up 7.4% M-o-M(445mt). The export volume of FeMo was zero last July.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD13-13.1/lbMo, but deals were slim. Sellers tended to push offer up, so it was difficult to find low-priced materials. Consumers didn’t return to the market, so the sluggish demand was around for a while.