Weekly Reports
The Likelihood of Imported Mn Ore Spot in China would be Still Great(Jul 27th–Jul 31st)
[Ferro-Alloys.com] by the end of July, 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. South African Mn38 lumps kept unchanged at |
Chinese Electrolytic Manganese to Keep Leveling off(Jul 27th–Jul 31st)
[Ferro-Alloys.com]Price of electrolytic manganese as of late July Showed signs of leveling off amid increasing number of EMM producers in main production areas of China cut output or shut down factories temporarily. |
Metal Ni Market Imbalance as Supply Surplus (Jul 20th-Jul 24th)
This week, the Word Bureau of Metal Statistics reported that the nickel supply between Jan and May in 2015 surplus 19,000 tons when in 2014 totally excess 196,100 tons. In later May, LME nickel storage added 51,000 tons compared to that on later 2014 and advan... |
Ni Ore Price Going to Bottom but Miners Ask for More (Jul 20th-Jul 24th)
This week, nickel ore price dragged by LME nickel weakness and performed a downturn. In a word, miners rejected to make regulations and traders became increasingly reluctant to sell out along with the pressure from factories, as a result, few exchanges were ma... |
FeNi Import Added but Price Turn Down (Jul 20th-Jul 24th)
This week, affected by unrest of global metal market, FeNi price went down again. Low-grade FeNi 1.6-1.8 dropped around RMB100 to RMB1800/mt. Mid-grade FeNi 4-6 slipped RMB10 to RMB870/NI when FeNi 6-8 was mainly quoted at RMB860/NI as high-grade FeNi shed RMB... |
The Magnesium Metal Market Trend Declined and Hard to Deal(Jul 20th-Jul 24th)
[Ferro-Alloys.com]: This week, magnesium metal market in both domestic and export markets faced difficult situation and hard to deal. Market supply and demand resulting magnesium metal price kept down, manufacturer inventory pressure, in order to return funds ... |
China’s FeMo Price Bottomed While Oversea Molybdenum Oxide Price Ceased Dropping and Stays Flat ((Jul 20th –Jul 24th)
It is predicted that FeMo market price in Chinese market won’t drop further since it has reached bottom, but its rise is expected as early as revival of steel industry on September. Oversea Molybdenum Oxide price also bottomed and would not rise notably till ... |
FeSi Market Continued to Downturn (Jul 20th –Jul 24th)
[Ferro-alloys.com]The general FeSi market in the mainstream held steady in the end of July,Up to now, in Chinese market, FeSi75# was RMB5,250 - 5,350/mt and FeSi72# was RMB5,100 -5,150/mt, ex-work price by acceptance. However the market situation was quite di... |
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