[Ferro-Alloys.com]Domestic supply of high-carbon ferrochrome became sufficient last week as there were stocks for most high-carbon ferrochrome producers, but the prices still remained strong. On the other hand, we can see the determination that the producers w...

Market of Mg Ingot Continued to be Low in China（March9th–March13th)

Market of FeSi ran Weakly on low Prices in China (March9th-March13th)

This week the nickel ores price was still not well. On Mar.13th, nickel ores stock was 18.7million tons, rising by 100thousand tons than last week.

Even though the low FeNi operating rate in China decreased, the supply was not tight. Adding to the falling price of low grade nickel ores, the low FeNi Price declined to RMB2550-2600/mt, RMB50/mt lower compared with last week.

Market of Mg Ingot Continued to be Low in China（March2nd–March6th)

[Ferro-Alloys.com] After HBIS knocked down March purchase on manganese alloys, the biggest silicon manganese purchaser in south of China, Shagang Group also settled 6517 with RMB6,000/mt from RMB6,040/mt.

[Ferro-Alloys.com]It seems that downtrend of future shipment from oversea miners coupled with flat manganese alloyin China further push down imported manganese ore spot market in China. The spot market showed a RMB1-2/mtu fluctuation from early period.