According to the investigation of www.ferro-alloys.com, Chinese core wire market was still in downturn last week. In Henan province,

Now other steel mills and the traders were cautious for the purchase. However, as the price weathervane of FeNi, Tesco’s tender price in Dec. would further stimulate the market. What’s more, the international nickel price rose well, which had broken through ...

According to the statistics, On Dec.5th, total nickel ores stock decreased by450thousand tons to 22.65 million tons. The rising FeNi price and the decreasing stock would continue to support the medium and high grade nickel ores price to go up.

[Ferro-Alloys.com] Chinese FeV was offered at RMB77,000-78,000/mt (USD12,622-12,786/mt, export duty excluded) by acceptance. Major steel mills entered the market for FeV, increasing tender volumes.

[Ferro-Alloys.com] Chinese FeMo price stabilized at RMB91,000-92,000/mt (USD14,918-15,081/mt, export duty excluded) by acceptance, after a brief slip.

In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB12400-12600/mt (USD2000-2032/mt). Market confidence

[Ferro-Alloys.com]As steelmakers in China proceeded to new round purchase on manganese alloy for December, it seems that alloy producers have less confidence on future market. Despit reducing output in south areas, given comparatively steady supply in north ar...

[Ferro-Alloys.com] In recent period, imported manganese ore spot market in Chain remained at worse situation with flat demand. Given slowing consumption, it is said that manganes ore inventory at ports still kept at high level in China.