[Ferro-Alloys.com]In recent period, mounted sale pressure further pushed down Chinese Imported manganese ore spot market with RMB1/mtu downturn averagely.

[Ferro-Alloys.com]China’s domestic high-carbon ferrochrome prices remained steady. Meanwhile, China’s high-carbon ferrochrome output ran into an uptrend channel as production resumes arose in South China.

[Ferro-Alloys.com]Chrome ores prices remained stable last week amid balanced supply & demand condition. Spot prices of chrome ores remained stable last week.

[Ferro-Alloys.com]TISCO started its tender of high-carbon ferrochrome last week for April, and the new tender price is supposed to remain the same from the previous month as the other major stainless steel makers failed to increase their new tender prices in A...

[Ferro-Alloys.com]The production rate of high-carbon ferrochrome in South China kept rising, which will increase the demand for chrome ores.

[Ferro-Alloys.com]As bidding price of steelmakers on manganese alloys come to surface, the performance of alloys would still hard to optimistic. Given continued falling sale, the confidence of alloy producers become to wane gradually.

Sharp downturn in the Price of Chinese Imported Mn Ore Failed to Stop (Apr06th –Apr10th )

Along with the recovering production, the low FeNi price declined to RMB2420-2450/mt, RMB60/mt lower than last week. if some enterprises in Linyi, Shandong would resume in May as expected, the supply would further increase.