In early Nov., one large FeNi producer in Jiangsu province had cut down 2/3 of the production. According to the source, as the the main reason was the weak FeNi market made the enterprises suffer great pressure.
For the excess supply, the ferrochrome market in China continued to decline in the first 10months, and so as to the import FeCr from South Africa. It could be seen from the following chart, the S.A. FeCr future and spot price last the falling trend, especially...
From 2012 to quarter 1 of 2014, 42% South African chrome ores future price continued to decline. In Q1 of 2014, future monthly average price of 42% S.A. Cr ores fell to USD145/mt, decreasing by USD37 than the same time of 2013.
On week buying activity, India producers of ferromanganese have reduced their prices by INR500/MT with deals now beijing concluded at INR56,500/MT ex-Raipur and INR57,500/MT ex-Durgapur. Affected by low demand, India producers have lowered prices in the domest...
Chemical si metal prices tended upward in October in China. And off-grade Si553# descended slightly . Most areas were in low-water seasons in the south of China. Some factories were prepared for reduction in production. Operating rate in Yunnan, Xinjiang, Fuji...
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