Weekly Reports
Chinese FeSi Spot Market Kept Tumbling (Aug 10th – Aug 14th )
[Ferro-Alloys.com]There was little fluctuation in the price of ferrosilicon in mid-August. Given poor sale and increasing capital pressure, some alloy suppliers forced to put price drop by RMB50/mt from the prior week. |
Chinese Mn Alloy Still Underperformed amid Sluggish Demand (Aug 10th – Aug 14th )
[Ferro-Alloys.com] In recent period, poor performance of manganese alloys in China failed to improve. As sale and capital pressure, some producers have a strong desire to sell products which aggravated market competition |
Chinese Ore Traders Tend to Hold Mn Ore Steady amid RMB Exchange Rate Fluctuations (Aug 10th – Aug 14th )
[Ferro-Alloys.com]In mid August, Australian Mn46 lumps kept at RMB25-25.5/mtu at ports in China. As for Mn48 sand ore, the price remained at RMB23.5-24/mtu in China. |
Chinese FeV Price Drop Slightly with Weak Demand from Steel Mills (Aug 3rd—Aug 7th)
Chinese FeV price drop slightly with FeV50 quoted at RMB61, 000-62,000/mt by acceptance. Steel mills finished their tender with less volume and decreased price. Two steel mills in Jiangsu and Hubei were to purchase 190 tons of FeV50 at 55,700/mt by acceptance.... |
Chinese FeMo Price Kept Flat While Oversea Molybdenum Oxide Price Drop (Aug 3rd---Aug 7th)
Chinese FeMo price kept flat,FeMo60 quoted at RMB62,000 per ton and 64,000 by acceptance. At the beginning of August, mainstream steel mills finished their FeMo tender purchase at a new low price of RMB60, 000 per ton by acceptance. |
The Silicon Metal Market Maybe Turn to Rebound in September(Aug 3rd- Aug 7th)
[Ferro-Alloys.com] The early August, the silicon metal market remained seven months declining trend, while in August, let's have more vision. Do not worry, even in August not rebound, we still hope September have a high promotion. The current downturn weak mar... |
Enterprises Keep Going on the Price Intensively to face the Tight EMM Situation(Aug 3rd- Aug 7th)
In this week, the market price of EMM in Hunan, Chongqing, Guangxi and Guizhou was about RMB9,900-10,000/mt, keeping stable, while in Ningxia, it’s about RMB10,000/mt. For exports, EMM price has no obvious changes, about USD1,600-1,650/mt now. While the pric... |
Chinese Cored Wire Price Edged down, Limited Deals Occurring (Aug 3rd –Aug 7th )
[Ferro-Alloys.com] According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB10,000-10,200/mt (USD1,639-1,672/mt). |
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