[Ferro-Alloys.com]China’s major stainless steel makers lowered their tender prices of high-carbon ferrochrome for May last week. As the major downstream product of chrome ore, the decline would bring negative impact to the chrome ore market.

[Ferro-Alloys.com] In recent period, silicon manganese 6517 was quoted at RMB5,300-5,500/mt in North while RMB5,600-5,700/mt. High

[Ferro-Alloys.com]By the early period of May, there were no signs of further fluactuation in the price of imported manganes ore in China. Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.

Silicon metal market was unstable, and the price fell clearly in April. Now, because of the rain period in Yunnan and Sichuan main production district, so the silicon metal price is falling obviously

]This week LME nickel price rebounded a little, which closed at USD13455/mt on Apr.29th, rising by USDE740/mt than last week while nickel stock

In this week, the market price of EMM in Hunan, Chongqing and Guangxi areas was about CNY10,800-11,000 per mt, in Guizhou, about CNY10,500-10,700 per mt, and in Ningxia, it’s about CNY 11,100 per mt, which declined more than one hundred yuan per mt.

[Ferro-Alloys.com] By the end of April, the result of Hebei and Steel Group bidding on manganese for May further impacted on alloy future market.

[Ferro-Alloys.com] By the end of the month, Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.5/mtu in China.