[Ferro-Alloys.com]In this week, softed demand and hefty sale pressure led another downturn on imported manganese ore spot price in China.

[Ferro-Alloys.com] By the end of the month, it seems that manganese alloy spot gradually become calm as new round steel purchase approaching.

In recent week, the low FeNi（Ni1.6-1.8%）maintained at RMB2350-2400/mt. However, the real trading was RMB20-50/mt lower than the offer due to the different payment method. According to the statistics, the discontinuous enterprises still had no certain time to...

In recent week, the nickel ores market had no large changes. The nickel ores stock of China continued to decline. On Apr.24th, nickel ores stock was 17.56million tons, down by 300thousand tons than last week, of which Indonesian Ni ore wa s4.3million tons. Som...

On Apr.14th, Tariff Commission of the State Council of China released that since May 1st, the export tax of silicon calcium (belong to other ferroalloy: 72029999) was cancelled.

In this week, the market price of EMM in Hunan and Chongqing areas was about CNY11,000-11,100 per mt, in Guizhou, about CNY11,100-11,200 per mt, and in Ningxia, it’s about CNY 11,300 per mt.

After 5 weeks’ decline, the LME Nickel price slightly recovered. On Mar.16th, LME Ni closed at USD12795/mt, which increased by USD260/mt than last week while the stock improved by 1974tons

]This week the nickel ores price further decreased along with the weak purchases. Even though some FeNi enterprises planned to recover the production, the uncertain market condition pushed them to wait and see. In addition, the falling future price of Ni ore a...