Weekly Reports
Falling Bidding of Steel Mills still Troubled Chinese Mn Alloy Market(June 1st –June 5th )
[Ferro-Alloys.com]It seems that Chinese manganese alloy failed to get out of low points amid further contracted bidding price from steelmakers. In recent period, silicon manganese 6517 lingers about RMB5,200-5,400/mt while RMB4,600-4,700/mt for 6014. |
FeSi Tender Price in Jun. started to Rebound-China (Jun.1st-Jun.6th)
Affected by the tight supply, the FeSi Price stated to rebound in end of May after dropped to the lowest level since 2009. According to the mainstream steel mills, the FeSi tender price total improved by RMB100-200/mt. |
Nickel Ores Market Maintained Stable in China (Jun.1st-Jun.6th)
Affected by the high stock, LME nickel price still fluctuated below USD13000/mt. in addition,the consumption rate might also be restricted by the off-season of the stainless steel market. However, the active could also be seen from the FeNi market. Low operati... |
CaSi market kept steady, some factories delayed the capacity release(Jun.1st-Jun.5th, 2015)
[Ferro-Alloys.com]In domestic market, CaSi has been kept flat since the mid of April. But the factories’ operating rate was only half and they reflected that the transaction was slim. In early June, the mainstream EXW price of Ca30# was RMB9200-9400mt, and Ca... |
With Low Operation Rate EMM Enterprises Rose the Price A Little(Jun 1st-Jun 5th)
Some time ago, because of bad market and low price, a large number of EMM manufacturing enterprises had to produce products. And now, they didn’t recovery. Only a few large factories, which have had electrolytic mines, persisted on operating. For them, there... |
Weekly comment on Nickel Ore market Nickel Ore Price Declined along with Insufficient Downstream Purchase (May 25th -29th)
[Ferro-Alloys.com]The price of LME Ni continued to show downtrend, which was hovering below $13,000/mt level line for three weeks. Since the ferronickel price slightly decreased, mills were inactive to purchase, medium and high grade nickel ores price dropped ... |
FeSi Export Market Tend to Be Stronger(May 25th-May 29th)
[Ferro-Alloys.com] Most domestic FeSi factories have been shut down since January 2015 under the influence of environmental protection limits and weak performance. |
High FeNi Price Further Declined in Chinese Market (May25th-May29th)
In recent week, the LME nickel price continued to decline, which closed at USD12795/mt, down by USD235/mt than last week while nickel stock increased by 17742tons to 464610tons. On May29th, Jinchuan 1#nickel was quoted at RMB99200-99700/mt, which dropped by RM... |
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