[Ferro-Alloys.com] In mid- August, low operation rates of electrolytic manganese metal allowed manganese producers to tend to hold price

Chinese Calium silicon market still kept gloomy in the mid-August with ex-work prices at RMB9,000/mt and RMB8,800/mt for CaSi30# and CaSi28#. In August, the capability utilization rate and transaction have no improvement now.

[Ferro-Alloys.com]There was little fluctuation in the price of ferrosilicon in mid-August. Given poor sale and increasing capital pressure, some alloy suppliers forced to put price drop by RMB50/mt from the prior week.

[Ferro-Alloys.com] In recent period, poor performance of manganese alloys in China failed to improve. As sale and capital pressure, some producers have a strong desire to sell products which aggravated market competition

[Ferro-Alloys.com]In mid August, Australian Mn46 lumps kept at RMB25-25.5/mtu at ports in China. As for Mn48 sand ore, the price remained at RMB23.5-24/mtu in China.

Chinese FeV price drop slightly with FeV50 quoted at RMB61, 000-62,000/mt by acceptance. Steel mills finished their tender with less volume and decreased price. Two steel mills in Jiangsu and Hubei were to purchase 190 tons of FeV50 at 55,700/mt by acceptance....

Chinese FeMo price kept flat，FeMo60 quoted at RMB62,000 per ton and 64,000 by acceptance. At the beginning of August, mainstream steel mills finished their FeMo tender purchase at a new low price of RMB60, 000 per ton by acceptance.

[Ferro-Alloys.com] The early August, the silicon metal market remained seven months declining trend, while in August, let's have more vision. Do not worry, even in August not rebound, we still hope September have a high promotion. The current downturn weak mar...