[Ferro-Alloys.com] The two biggest silicon manganese purchasers in China, Hebei Iron and Steel Group coupled with Shagang Group put bidding price up by RMB50/mt, the movement of steels set a positive signial on silicon manganese market in June.

[Ferro-Alloys.com] It seems that an increasing bidding price of steel mills gave a slight stumilate on medium carbon ferromanganese market in China in recent period. Despite flat demand, domestic traders still made effort to push price up by RMB100/mt instead ...

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB-/mt by acceptance.

In late May, capacity utilization rate of silicon metal went up continually. It’s known that most Si plants had reworked in Sichuan province

[Ferro-Alloys.com]It is reported that Shagang Iron and Steel Group also released initial bidding price on silicon manganese for June purchase.

[Ferro-Alloys.com] It is said that Hebei Iron and Steel Group already settled bidding price for manganese alloy in June. Silicon manganese 6517 was edged up to RMB6,650/mt with more or less 30,150 tons from RMB6,600/mt.

[Ferro-Alloys.com] In China, the spot market of chrome ore was generally stable although demand of Turkish and Indian Cr powders had been increasing during the past few days.

[Ferro-Alloys.com] In end May, the crazy nickel ore market in China grandually calmed down due to buying from purchasers decreasing.