Nickel Ore Price forced to Decline Domestically (Aug 10th-Aug 14th)

FeNi Price Held at a Low Level (Aug 10th-Aug 14th)

[Ferro-Alloys.com] According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB10,000-10,200/mt (USD1,639-1,672/mt).

[Ferro-Alloys.com]Chinese FeMo was quoted at RMB63,000/mt by acceptance. Major steel mills cut the tender price, transaction price dropped further. Overseas moly oxide traded at USD5.8-5.9/lbMo.

[Ferro-Alloys.com] Since the early August, the major steel mills have reduced the purchase price of ferrosilicon was about RMB100/MT-200 /MT, ferrosilicon as the upstream of magnesium market is still weak at present, the recent magnesium market facing the same...

[Ferro-Alloys.com] This week we China experienced two major international news: the RMB exchange rate fluctuations and Tianjin Tanggu event, as the silicon metal industries and export enterprises, whether RMB exchange rate fluctuations on the market for the pa...

[Ferro-Alloys.com]China’s major high-carbon ferrochrome purchasers lowered their tender prices again in August with a decline of RMB50/MT or RMB100/MT Cr 50% basis, which indicated the high-carbon ferrochrome prices continued to bottom. The high-carbon ferroc...

[Ferro-Alloys.com]Chrome ore prices remained stable this weak and the prices are expected to cease to fall on China’s devaluation, although China’s ferrochrome prices made a second jump following July.