[Ferro-Alloys.com] Chinese FeV price stabilized at a bit low level. At the end of last month, steel mills made intensive buying activities, but bids were quite low because of sluggish steel situation.

[Ferro-Alloys.com] Chinese FeMo60 price dropped, as the demand of steel mills weakened. In late June, many major steel mills launched tenders, transacting at RMB-/mt by acceptance.

Cored wire market was generally stable in China last week. In Henan province, mainstream ex-work price of

This week the prices of spot chrome ore kept stable as follows chrome ore from South Africa with Cr 40-42% at RMB29.5-31.5/mtu while Cr 44% at RMB31.5-32.5/mtu

It was still generally expected that the Indonesian export ban would not be changed. Therefore, the supply shortages would provide firm support for the nickel and FeNi price in the long run. However, considering the fund and the demand from steel mills,

In the second week of July, the medium and high grade nickel ores future and spot prices kept stable while the trading volume was not large.

This week FeCr producers kept normal production and producers offered much varied quotations. Some producers lowered quotations as Baosteel and Tsingshan Group both lowered July purchase prices of FeCr.

[Ferro-Alloys.com]It seems that Chinese price of manganese alloys stll failed to show dramatic rise in early of July despite fluctuating at low level for some time.