Weekly Reports
Tight Supply of HC FeCr Due to Producers Busy Dealing with Old Orders(Feb 9-Feb 13)
[Ferro-Alloys.com]High-carbon ferrochrome supply tightened in Inner Mongolia, Shanxi and Sichuan last week, because most producers were busy producing for previous orders. And most of these producers can hardly finish their current orders until March, making i... |
Weaker Demand to Make Seldom Transactions in China’s Chrome Ore Market (Jan 9-Jan 13)
[Ferro-Alloys.com]As China’s Spring Festivals gets nearer, most ferrochrome producers had finished their chrome ore purchase before Spring Festival vacation. |
Chinese FeV Price Dipped, while Overseas FeV Softened (Feb9th -13th)
[Ferro-Alloys.com] Chinese FeV was offered at RMB65,000-66,000/mt (USD10,655-10,819/mt, export duty excluded) by acceptance. Steel mills have stocked enough raw materials, presently the buying volumes decreased a little. The new tender price hit a new low to R... |
Chinese FeMo Price Slipped, while Overseas Moly Market was Sluggish (Feb9th -13th)
[Ferro-Alloys.com] Chinese FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. Prior to the Spring Festival, steel mills have stocked enough raw materials, so FeMo transaction volumes decreased a bit, and price al... |
Market Prices of Ferrosilicon Tended to be Flat during Chinese Spring Festival (February9th-February13th)
Market Prices of Ferrosilicon Tended to be Flat during Chinese Spring Festival (February9th-February13th) |
Operation Rate of Magnesium Ingots was expected to decline During Chinese Spring Festival(February9th–February13th)
Operation Rate of Magnesium Ingots was expected to decline During Chinese Spring Festival(February9th–February13th) |
FeNi Prices Tended to be Weak while LME Nickel Price Fell(Feb 9-Feb 13)
[Ferro-Alloys.com]LME nickel price closed at 14745 on Feb 12, down 385 over the previous week. LME nickel stock was 426,018 tonnes, increasing by 2,528 tonnes. LME nickel price fell last week after it formed a star-shape in the previous week on the week chart.... |
Silicon Metal Price Kept Steady before Spring Festival in China (Feb.9th- Feb.13th)
Silicon metal price kept steady before Spring Festival in China. Low-grade silicon metal was in short supply in the second week of February. That was because many silicon metal factories in the south of China shut down and operating rate was low. |
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